£147,344
This estimated value is based upon the latest sale price for the house of £115,000 on 13 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 13 Jun 2017 |
| £58,000 | 18 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £115,000 results in an estimated price of approximately £147,344.
| 13 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £115,000 | £32,344 | £147,344 |
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 | 16.166 % | £18,591 | £133,591 |
| 3 Month Average | 31.094 % | £35,758 | £150,758 |
| 6 Month Average | 30.621 % | £35,213 | £150,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £106,360 | £105,000 | 237 OLD CHURCH ROAD |
| 4 Sep 2023 | £176,254 | £174,000 | 21 THOMAS LANE STREET |
| 29 Aug 2023 | £186,633 | £185,000 | 6 THOMAS LANE STREET |
| 20 Feb 2023 | £164,889 | £165,000 | 245 OLD CHURCH ROAD |
| 1 Jul 2022 | £230,621 | £230,000 | 181 OLD CHURCH ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Jul 2015. Using an estimated price of £147,344 means this house is valued at £2,497 per sq meter (£232 per sq foot).
The average size of a house on OLD CHURCH ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Thomas Lane Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Church Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchbury Avenue |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Lanchbury Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Cheam Close |