£220,016
This estimated value is based upon the latest sale price for the house of £178,000 on 4 Sep 2019. 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 | 4 Sep 2019 |
| £145,950 | 11 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £178,000 results in an estimated price of approximately £220,016.
| 4 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £178,000 | £42,016 | £220,016 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 30.648 % | £54,553 | £232,553 |
| 3 Month Average | 30.910 % | £55,019 | £233,019 |
| 6 Month Average | 25.890 % | £46,083 | £224,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £193,622 | £190,000 | 26 CLAY LANE |
| 6 Jan 2023 | £240,643 | £240,000 | 60 CLAY LANE |
| 4 Jan 2023 | £235,630 | £235,000 | 56 CLAY LANE |
| 29 Jul 2022 | £234,348 | £232,000 | 60 ALDERSHAW ROAD |
| 30 Jun 2022 | £240,133 | £235,000 | 62 ALDERSHAW ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Dec 2018. Using an estimated price of £220,016 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on CLAY LANE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copnor Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copnor Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copnor Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copnor Grove |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copnor Grove |