£245,577
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Feb 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Feb 2024 |
| £187,500 | 30 Mar 2016 |
| £88,500 | 21 Jun 2001 |
| £53,000 | 27 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 February 2024 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £240,000 results in an estimated price of approximately £245,577.
| 22 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £240,000 | £5,577 | £245,577 |
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 | 2.839 % | £6,813 | £246,813 |
| 3 Month Average | 9.335 % | £22,403 | £262,403 |
| 6 Month Average | 4.040 % | £9,695 | £249,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £265,317 | £260,000 | 95 LAVENDER AVENUE |
| 20 Mar 2023 | £183,057 | £180,000 | 11 RALPH ROAD |
| 28 Jul 2022 | £252,530 | £250,000 | 346 HOLYHEAD ROAD |
| 16 Jun 2022 | £172,181 | £168,500 | 87 EVENLODE CRESCENT |
| 12 May 2022 | £292,623 | £285,000 | 41 REDESDALE AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Oct 2015.
The average size of a house on LAVENDER AVENUE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ralph Road |
| Jul 2024 | Drugs | Local resolution | On or near Ralph Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ralph Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ralph Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lavender Avenue |