£211,751
This estimated value is based upon the latest sale price for the house of £150,500 on 15 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,500 | 15 Oct 2015 |
| £115,000 | 9 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £150,500 results in an estimated price of approximately £211,751.
| 15 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £150,500 | £61,251 | £211,751 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 54.575 % | £82,135 | £232,635 |
| 3 Month Average | 37.480 % | £56,407 | £206,907 |
| 6 Month Average | 49.472 % | £74,455 | £224,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £111,980 | £111,000 | 166 CLAY LANE |
| 31 Jan 2023 | £373,242 | £375,000 | 148 - 150 CLAY LANE |
| 19 Aug 2022 | £137,630 | £138,000 | 15 STOKE ROW |
| 8 Mar 2022 | £155,439 | £150,000 | 17 CLAY LANE |
| 21 Jan 2022 | £184,171 | £175,000 | 124 RICHMOND STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Nov 2013. Using an estimated price of £211,752 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on CLAY LANE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Lane |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Clay Lane |
| Mar 2024 | Burglary | Under investigation | On or near Quarrywood Grove |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Quarrywood Grove |
| Mar 2024 | Drugs | Local resolution | On or near Quarrywood Grove |