£321,226
This estimated value is based upon the latest sale price for the house of £260,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 7 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £260,000 results in an estimated price of approximately £321,226.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £260,000 | £61,226 | £321,226 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 17.075 % | £44,395 | £304,395 |
| 3 Month Average | 17.264 % | £44,885 | £304,885 |
| 6 Month Average | 16.283 % | £42,335 | £302,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £250,000 | £250,000 | 19 DUNCROFT AVENUE |
| 15 Dec 2023 | £295,164 | £290,000 | 128 SCOTS LANE |
| 30 Jun 2023 | £212,575 | £210,000 | 32 BROWNSHILL GREEN ROAD |
| 13 Oct 2022 | £252,284 | £255,000 | 29 FULLERS CLOSE |
| 23 Sep 2022 | £277,757 | £280,000 | 223 SCOTS LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Feb 2019. Using an estimated price of £321,227 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on SCOTS LANE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thistley Field West |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thistley Field West |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thistley Field West |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thistley Field East |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Thistley Field South |