£225,050
This estimated value is based upon the latest sale price for the house of £178,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£178,000 | 26 Jan 2018 |
£140,000 | 20 Jan 2017 |
£110,000 | 14 Mar 2014 |
£112,000 | 8 Dec 2006 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £178,000 results in an estimated price of approximately £225,050.
26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £178,000 | £47,050 | £225,050 |
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 | 18.194 % | £32,386 | £210,386 |
3 Month Average | 21.798 % | £38,800 | £216,800 |
6 Month Average | 25.719 % | £45,780 | £223,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £220,117 | £216,000 | 29 LOWE ROAD |
20 Mar 2023 | £114,411 | £112,500 | 116 COTTAGE FARM ROAD |
24 Feb 2023 | £231,547 | £230,000 | 53 LOWE ROAD |
22 Feb 2023 | £246,648 | £245,000 | 2 WINGFIELD WAY |
25 Jan 2023 | £230,616 | £230,000 | 29A BENNETTS ROAD SOUTH |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Mar 2013. Using an estimated price of £225,051 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on LOWE ROAD is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lowe Road |
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Keresley Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wingfield Way |
Jul 2024 | Anti-social behaviour | On or near Wingfield Way | |
Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Wingfield Way |