£275,651
This estimated value is based upon the latest sale price for the house of £260,000 on 28 Jan 2022. 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 | 28 Jan 2022 |
£140,000 | 1 Nov 2007 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £260,000 results in an estimated price of approximately £275,651.
28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £260,000 | £15,651 | £275,651 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 16.372 % | £42,568 | £302,568 |
3 Month Average | 19.591 % | £50,937 | £310,937 |
6 Month Average | 6.227 % | £16,190 | £276,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £233,589 | £230,000 | 227 WOODCOCK LANE NORTH |
14 Dec 2023 | £193,444 | £187,500 | 27 LANGDON WALK |
7 Dec 2023 | £255,346 | £247,500 | 60 BOSWORTH ROAD |
15 Nov 2023 | £128,256 | £125,000 | 2 LENTON CROFT |
24 Oct 2023 | £245,578 | £240,000 | 169 WOODCOCK LANE NORTH |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Oct 2009. Using an estimated price of £275,652 means this house is valued at £3,882 per sq meter (£360 per sq foot).
The average size of a house on CLAY LANE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Longley Crescent | |
Jun 2024 | Anti-social behaviour | On or near Longley Crescent | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Longley Crescent |
May 2024 | Public order | Unable to prosecute suspect | On or near Longley Crescent |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longley Crescent |