£292,666
This estimated value is based upon the latest sale price for the house of £255,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 4 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £255,000 results in an estimated price of approximately £292,666.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £255,000 | £37,666 | £292,666 |
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 | 4.975 % | £12,687 | £267,687 |
| 3 Month Average | 15.483 % | £39,482 | £294,482 |
| 6 Month Average | 11.903 % | £30,352 | £285,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £95,217 | £94,000 | APARTMENT 124 PARK GATE AT LYNDON PLACE, 2096 COVENTRY ROAD |
| 9 Jun 2023 | £123,496 | £122,000 | 2 THE FARRIERS |
| 22 Jul 2022 | £264,713 | £264,000 | 72 HORSE SHOES LANE |
| 15 Mar 2022 | £110,880 | £107,000 | 3 THE FARRIERS |
| 18 Aug 2021 | £264,401 | £237,000 | 42 HORSE SHOES LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 22 Aug 2020. Using an estimated price of £292,667 means this house is valued at £2,379 per sq meter (£221 per sq foot).
The average size of a house on HORSE SHOES LANE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Clydesdale |
| Jan 2024 | Anti-social behaviour | On or near The Farriers | |
| Jan 2024 | Anti-social behaviour | On or near The Farriers | |
| Jan 2024 | Anti-social behaviour | On or near The Farriers | |
| Jan 2024 | Anti-social behaviour | On or near The Farriers |