£330,223
This estimated value is based upon the latest sale price for the house of £260,000 on 15 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 15 Aug 2017 |
| £215,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £260,000 results in an estimated price of approximately £330,223.
| 15 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £260,000 | £70,223 | £330,223 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 20.664 % | £53,727 | £313,727 |
| 3 Month Average | 0.802 % | £2,085 | £262,085 |
| 6 Month Average | 17.335 % | £45,071 | £305,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £359,758 | £360,000 | 42 CROMWELL LANE |
| 25 May 2022 | £153,900 | £151,000 | FLAT 22 HIDCOTE HOUSE, 2 PENRUDDOCK DRIVE |
| 31 Jan 2022 | £165,228 | £157,000 | FLAT 24 HIDCOTE HOUSE, 2 PENRUDDOCK DRIVE |
| 15 Dec 2021 | £514,261 | £480,000 | 86 CROMWELL LANE |
| 20 Oct 2021 | £132,777 | £120,000 | 12 THE PINES |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 29 May 2014. Using an estimated price of £330,223 means this house is valued at £1,989 per sq meter (£184 per sq foot).
The average size of a house on CROMWELL LANE is 152 sq meters (1,639 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penruddock Drive |
| Mar 2024 | Anti-social behaviour | On or near Penruddock Drive | |
| Mar 2024 | Anti-social behaviour | On or near Penruddock Drive |