£127,717
This estimated value is based upon the latest sale price for the house of £82,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,000 | 30 May 2014 |
| £59,500 | 22 Dec 2003 |
| £59,500 | 22 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £82,000 results in an estimated price of approximately £127,717.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £82,000 | £45,717 | £127,717 |
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 | 54.976 % | £45,080 | £127,080 |
| 3 Month Average | 62.606 % | £51,337 | £133,337 |
| 6 Month Average | 68.075 % | £55,821 | £137,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £249,668 | £247,500 | 10 LYMINGTON CLOSE |
| 9 Jan 2023 | £105,281 | £105,000 | 98 STATION STREET WEST |
| 25 Aug 2022 | £155,728 | £155,000 | 218 LOCKHURST LANE |
| 5 Aug 2022 | £195,916 | £195,000 | 4 PENNINGTON WAY |
| 21 Apr 2022 | £177,918 | £171,500 | 254 LOCKHURST LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Apr 2014. Using an estimated price of £127,718 means this house is valued at £1,935 per sq meter (£179 per sq foot).
The average size of a house on NORTHEY ROAD is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northey Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northey Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northey Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northey Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Northey Road |