£135,731
This estimated value is based upon the latest sale price for the house of £84,500 on 14 Apr 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,500 | 14 Apr 2007 |
| £70,000 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £84,500 results in an estimated price of approximately £135,731.
| 14 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £84,500 | £51,231 | £135,731 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 50.495 % | £42,668 | £127,168 |
| 3 Month Average | 66.187 % | £55,928 | £140,428 |
| 6 Month Average | 63.719 % | £53,842 | £138,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £146,778 | £145,000 | 60 LOCKHURST LANE |
| 17 Mar 2023 | £1,160,938 | £1,150,000 | UNIT 4 FOLESHILL ENTERPRISE PARK |
| 8 Nov 2022 | £148,205 | £150,000 | APARTMENT 7 THE SILK WORKS, 256 FOLESHILL ROAD |
| 7 Nov 2022 | £172,906 | £175,000 | APARTMENT 21 THE SILK WORKS, 256 FOLESHILL ROAD |
| 26 Aug 2022 | £179,517 | £180,000 | APARTMENT 42 THE SILK WORKS, 256 FOLESHILL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 2 Aug 2014. Using an estimated price of £135,731 means this house is valued at £2,120 per sq meter (£197 per sq foot).
The average size of a house on LOCKHURST LANE is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Courtaulds Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Courtaulds Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Courtaulds Way |
| Mar 2024 | Anti-social behaviour | On or near Courtaulds Way | |
| Mar 2024 | Anti-social behaviour | On or near Courtaulds Way |