£224,849
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£225,000 | 16 Sep 2022 |
£145,000 | 26 Jun 2018 |
£55,000 | 6 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £225,000 results in an estimated price of approximately £224,849.
16 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 149.7 | -0.067 % | £225,000 | £-150 | £224,849 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 9.528 % | £21,437 | £246,437 |
3 Month Average | 2.087 % | £4,694 | £229,694 |
6 Month Average | 2.881 % | £6,483 | £231,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £235,000 | £235,000 | 121 SANDRINGHAM AVENUE |
2 Nov 2023 | £166,219 | £162,000 | 18 HOWE CRESCENT |
20 Oct 2023 | £189,299 | £185,000 | 55 HOWE CRESCENT |
30 Jun 2023 | £220,417 | £216,000 | 17 MENAI CLOSE |
16 Sep 2022 | £224,850 | £225,000 | 49 COPPICE LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Dec 2014. Using an estimated price of £224,850 means this house is valued at £3,038 per sq meter (£282 per sq foot).
The average size of a house on COPPICE LANE is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Lane |
Jul 2024 | Burglary | Under investigation | On or near The Coppice |
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |