£649,143
This estimated value is based upon the latest sale price for the house of £535,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £535,000 | 11 Mar 2020 |
| £390,000 | 4 Feb 2011 |
| £141,500 | 23 May 1997 |
| Detached |
| 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £535,000 results in an estimated price of approximately £649,143.
| 11 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £535,000 | £114,143 | £649,143 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 40.105 % | £214,562 | £749,562 |
| 3 Month Average | 23.250 % | £124,389 | £659,389 |
| 6 Month Average | 29.927 % | £160,109 | £695,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £439,993 | £430,000 | THE STABLES BARRETTS LANE FARM BARRETTS LANE |
| 13 Apr 2023 | £662,389 | £650,000 | 105 KELSEY LANE |
| 25 Nov 2022 | £860,974 | £865,000 | 18 KELSEY LANE |
| 8 Aug 2022 | £376,762 | £375,000 | 35 MEER STONES ROAD |
| 5 Aug 2022 | £210,987 | £210,000 | 16 DROVERS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wellfield Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellfield Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Drovers Close |
| Jul 2024 | Public order | Under investigation | On or near Drovers Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drovers Close |