£160,478
This estimated value is based upon the latest sale price for the house of £97,000 on 23 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,000 | 23 Jul 2013 |
| £140,000 | 12 Jun 2008 |
| £60,000 | 20 Sep 2000 |
| Terraced |
| Freehold |
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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 65.442%.Applying this 65.442% change to the original purchase price of £97,000 results in an estimated price of approximately £160,478.
| 23 Jul 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.0 | 65.442 % | £97,000 | £63,478 | £160,478 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 65.179 % | £63,224 | £160,224 |
| 3 Month Average | 48.899 % | £47,431 | £144,431 |
| 6 Month Average | 64.055 % | £62,133 | £159,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £101,928 | £100,000 | 56 PAYNES LANE |
| 25 Aug 2023 | £121,740 | £121,000 | 8 BRUNEL CLOSE |
| 20 Jul 2023 | £222,101 | £220,000 | 100 PAYNES LANE |
| 20 Apr 2023 | £113,342 | £112,500 | 60 PAYNES LANE |
| 9 Mar 2023 | £82,446 | £82,000 | 72 PAYNES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paynes Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paynes Lane |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Brunel Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brunel Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Wren Street |