£297,505
This estimated value is based upon the latest sale price for the house of £233,000 on 18 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£233,000 | 18 Sep 2017 |
£140,000 | 28 Jul 2009 |
£47,500 | 10 Jul 1998 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £233,000 results in an estimated price of approximately £297,505.
18 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £233,000 | £64,505 | £297,505 |
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 | -5.878 % | £-13,694 | £219,305 |
3 Month Average | 23.279 % | £54,240 | £287,240 |
6 Month Average | 26.524 % | £61,800 | £294,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £253,901 | £250,000 | 19 DUNCROFT AVENUE |
13 Oct 2022 | £254,151 | £255,000 | 29 FULLERS CLOSE |
23 Sep 2022 | £279,813 | £280,000 | 223 SCOTS LANE |
9 Sep 2022 | £274,816 | £275,000 | 25 FULLERS CLOSE |
11 Jul 2022 | £285,864 | £283,000 | 231 SCOTS LANE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Aug 2021. Using an estimated price of £297,506 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on SCOTS LANE is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thistley Field West |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thistley Field West |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thistley Field West |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thistley Field West |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fullers Close |