£312,347
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Farm Close
More crime details
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £245,000 results in an estimated price of approximately £312,347.
| 21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £245,000 | £67,347 | £312,347 |
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 | 22.134 % | £54,227 | £299,227 |
| 3 Month Average | 30.561 % | £74,874 | £319,874 |
| 6 Month Average | 30.995 % | £75,936 | £320,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2022 | £198,745 | £195,000 | 176 NUNTS LANE |
| 13 May 2022 | £178,361 | £175,000 | 5 FARM CLOSE |
| 30 Mar 2022 | £186,527 | £180,000 | 23 FARM CLOSE |
| 29 Mar 2022 | £295,335 | £285,000 | 22 WATERY LANE |
| 28 Jan 2022 | £286,255 | £272,000 | 8 WATERY LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Mar 2017. Using an estimated price of £312,348 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on WATERY LANE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farm Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Farm Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Farm Close |