£287,125
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Alder Meadow Close
More crime details
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| Price Paid | Date |
|---|---|
| £235,000 | 6 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £235,000 results in an estimated price of approximately £287,125.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £235,000 | £52,125 | £287,125 |
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 | 0.815 % | £1,916 | £236,916 |
| 3 Month Average | 7.000 % | £16,450 | £251,450 |
| 6 Month Average | 11.007 % | £25,866 | £260,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £175,593 | £175,000 | 79 FARNDALE AVENUE |
| 25 Aug 2023 | £256,560 | £255,000 | 139 HEN LANE |
| 21 Jul 2023 | £145,123 | £143,750 | 47 FARNDALE AVENUE |
| 6 Apr 2023 | £166,739 | £165,500 | 20 FARNDALE AVENUE |
| 13 May 2022 | £187,791 | £185,000 | 54 FARNDALE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Oct 2017. Using an estimated price of £287,126 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on HEN LANE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Alder Meadow Close |
| Jan 2024 | Possession of weapons | Under investigation | On or near Alder Meadow Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Farndale Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcap Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redcap Croft |