£173,299
This estimated value is based upon the latest sale price for the house of £138,500 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Elizabeth Way
More crime details
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| Price Paid | Date |
|---|---|
| £138,500 | 22 Sep 2017 |
| £106,500 | 26 Sep 2003 |
| £57,000 | 17 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £138,500 results in an estimated price of approximately £173,299.
| 22 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £138,500 | £34,799 | £173,299 |
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 | 17.358 % | £24,041 | £162,541 |
| 3 Month Average | 6.829 % | £9,458 | £147,958 |
| 6 Month Average | 24.460 % | £33,877 | £172,377 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Sep 2016.
The average size of a house on WOODWAY LANE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Elizabeth Way |
| Mar 2024 | Burglary | Under investigation | On or near Elizabeth Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Arkle Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arkle Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Arkle Drive |