£203,999
This estimated value is based upon the latest sale price for the house of £70,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 31 May 2002 |
| £58,950 | 17 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 734 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £70,000 results in an estimated price of approximately £203,999.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £70,000 | £133,999 | £203,999 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 126.112 % | £88,278 | £158,278 |
| 3 Month Average | 98.068 % | £68,647 | £138,647 |
| 6 Month Average | 147.603 % | £103,322 | £173,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £261,577 | £257,000 | 435 LODE LANE |
| 27 Sep 2023 | £364,663 | £360,000 | 474 LODE LANE |
| 19 Jun 2023 | £283,433 | £280,000 | 482 LODE LANE |
| 15 Mar 2023 | £71,675 | £71,000 | FLAT 16 LODE MILL COURT LODE LANE |
| 4 Jan 2023 | £117,447 | £118,000 | FLAT 14 LODE MILL COURT LODE LANE |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 11 Nov 2010. Using an estimated price of £203,999 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on LODE LANE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rodney Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rodney Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leafield Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Leafield Road |
| Mar 2024 | Other theft | Under investigation | On or near Leafield Road |