£572,992
This estimated value is based upon the latest sale price for the house of £340,500 on 6 Aug 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,500 | 6 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2008 the House Price Index for WEST MIDLANDS was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £340,500 results in an estimated price of approximately £572,992.
| 6 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £340,500 | £232,492 | £572,992 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 62.294 % | £212,109 | £552,609 |
| 3 Month Average | 37.510 % | £127,719 | £468,219 |
| 6 Month Average | 60.495 % | £205,984 | £546,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £296,691 | £291,500 | 33 CHATSWORTH ROAD |
| 27 Nov 2023 | £304,508 | £300,000 | 4 CHATSWORTH ROAD |
| 14 Jul 2023 | £271,149 | £267,500 | 37 WOBURN DRIVE |
| 12 May 2022 | £387,298 | £380,000 | 125A HIGH HADEN ROAD |
| 1 Feb 2022 | £314,608 | £300,000 | 153 COOMBS ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 14 Nov 2014. Using an estimated price of £572,993 means this house is valued at £3,649 per sq meter (£339 per sq foot).
The average size of a house on LODGEFIELD ROAD is 88 sq meters (949 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Station Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Close |