£230,141
This estimated value is based upon the latest sale price for the house of £185,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 7 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £185,000 results in an estimated price of approximately £230,141.
| 7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £185,000 | £45,141 | £230,141 |
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 | 6.147 % | £11,371 | £196,371 |
| 3 Month Average | 22.368 % | £41,381 | £226,381 |
| 6 Month Average | 26.675 % | £49,349 | £234,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £182,809 | £180,000 | 27 HALLBROOK ROAD |
| 7 Nov 2023 | £220,600 | £215,000 | 66 BROOKFORD AVENUE |
| 18 Sep 2023 | £224,959 | £220,000 | 82 BROOKFORD AVENUE |
| 29 Mar 2022 | £297,521 | £285,000 | 22 WATERY LANE |
| 25 Feb 2022 | £327,502 | £310,000 | 4 ELPHIN CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 May 2018. Using an estimated price of £230,141 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on WATERY LANE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watery Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watery Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elphin Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hall Brook Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookford Avenue |