£171,862
This estimated value is based upon the latest sale price for the house of £167,500 on 21 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,500 | 21 Nov 2023 |
| £130,000 | 13 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 766 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in November 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £167,500 results in an estimated price of approximately £171,862.
| 21 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £167,500 | £4,362 | £171,862 |
The Postcode Pricing Model uses changes in average sales price within the B91 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -32.953 % | £-55,195 | £112,304 |
| 3 Month Average | -7.527 % | £-12,607 | £154,892 |
| 6 Month Average | -3.194 % | £-5,350 | £162,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £425,000 | £425,000 | 19 HAINFIELD DRIVE |
| 21 Nov 2023 | £171,863 | £167,500 | FLAT 5 MONARCHS GATE, 74 YEW TREE LANE |
| 3 Nov 2023 | £764,404 | £745,000 | 22 BEECHNUT LANE |
| 8 Aug 2023 | £224,041 | £220,000 | FLAT 18 MONARCHS GATE, 74 YEW TREE LANE |
| 14 Apr 2022 | £176,362 | £170,000 | 14 HAINFIELD DRIVE |
This house has a floor area of 71 sq meters or 766 sq feet when measured on 27 Jan 2009. Using an estimated price of £171,863 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on YEW TREE LANE is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hainfield Drive |
| Nov 2024 | Anti-social behaviour | On or near Yew Tree Lane | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechnut Close |