£198,070
This estimated value is based upon the latest sale price for the house of £122,500 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£122,500 | 20 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £122,500 results in an estimated price of approximately £198,070.
20 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £122,500 | £75,570 | £198,070 |
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 | 76.136 % | £93,267 | £215,767 |
3 Month Average | 65.555 % | £80,304 | £202,804 |
6 Month Average | 75.812 % | £92,869 | £215,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £187,887 | £185,000 | 17 SPARROW ROAD |
16 Oct 2023 | £240,461 | £235,000 | 7 SPARROW ROAD |
10 Aug 2023 | £239,316 | £235,000 | 7 WOOD GREEN |
9 Jun 2023 | £219,397 | £215,000 | 93 PETITOR CRESCENT |
12 Jul 2022 | £239,399 | £237,000 | 28 MELODY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Dec 2013. Using an estimated price of £198,070 means this house is valued at £2,539 per sq meter (£235 per sq foot).
The average size of a house on LAPWORTH ROAD is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Sparrow Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparrow Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Sparrow Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparrow Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sparrow Road |