£281,600
This estimated value is based upon the latest sale price for the house of £278,000 on 25 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Watery Lane
More crime details
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| Price Paid | Date |
|---|---|
| £278,000 | 25 Sep 2023 |
| Freehold |
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 September 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £278,000 results in an estimated price of approximately £281,600.
| 25 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £278,000 | £3,600 | £281,600 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 34.267 % | £95,262 | £373,262 |
| 3 Month Average | -1.742 % | £-4,842 | £273,157 |
| 6 Month Average | -1.978 % | £-5,498 | £272,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £239,185 | £235,000 | 79 NOOSE LANE |
| 25 Sep 2023 | £281,601 | £278,000 | UNIT 23 WATERY LANE INDUSTRIAL ESTATE |
| 29 Jun 2023 | £171,072 | £169,000 | 66 NOOSE LANE |
| 28 Jun 2023 | £121,471 | £120,000 | 46 LOWRY CLOSE |
| 20 Apr 2023 | £252,721 | £250,000 | THRIFTY CAR & VAN RENTAL NEACHELLS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watery Lane |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Watery Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Watery Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Watery Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near Watery Lane |