£323,253
This estimated value is based upon the latest sale price for the house of £290,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £290,000 | 1 Oct 2021 |
| £208,000 | 9 Feb 2007 |
| £112,000 | 28 Feb 2003 |
| £75,000 | 11 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £290,000 results in an estimated price of approximately £323,253.
| 1 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £290,000 | £33,253 | £323,253 |
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 | 5.153 % | £14,943 | £304,943 |
| 3 Month Average | 9.891 % | £28,685 | £318,685 |
| 6 Month Average | 6.974 % | £20,225 | £310,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £192,500 | £192,500 | 25 RALEIGH ROAD |
| 4 Dec 2023 | £198,087 | £192,000 | 32 CHURCH LANE |
| 30 Oct 2023 | £245,578 | £240,000 | 23 CHURCH LANE |
| 23 Oct 2023 | £255,810 | £250,000 | 180 BINLEY ROAD |
| 23 Oct 2023 | £246,089 | £240,500 | 31 WYVER CRESCENT |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 18 Dec 2013. Using an estimated price of £323,254 means this house is valued at £2,448 per sq meter (£227 per sq foot).
The average size of a house on CHURCH LANE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raleigh Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raleigh Road |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Raleigh Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Occupation Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Occupation Road |