£176,245
This estimated value is based upon the latest sale price for the house of £132,500 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,500 | 24 Jun 2016 |
| £120,000 | 17 Oct 2006 |
| £110,000 | 17 Jun 2005 |
| 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £132,500 results in an estimated price of approximately £176,245.
| 24 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £132,500 | £43,745 | £176,245 |
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 | 40.591 % | £53,783 | £186,283 |
| 3 Month Average | 22.138 % | £29,333 | £161,833 |
| 6 Month Average | 44.179 % | £58,537 | £191,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £229,339 | £225,000 | 33 LUMSDEN CLOSE |
| 27 Mar 2023 | £201,087 | £200,000 | 524 HENLEY ROAD |
| 15 Mar 2023 | £254,375 | £253,000 | 20 NEWTON CLOSE |
| 8 Mar 2023 | £145,788 | £145,000 | 183 WOODWAY LANE |
| 4 Apr 2022 | £169,231 | £165,000 | 22 WOODWAY CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Oct 2016. Using an estimated price of £176,246 means this house is valued at £2,230 per sq meter (£207 per sq foot).
The average size of a house on WOODWAY LANE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |