£248,020
This estimated value is based upon the latest sale price for the house of £188,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £188,000 | 14 Oct 2016 |
| Detached |
| Freehold |
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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £188,000 results in an estimated price of approximately £248,020.
| 14 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £188,000 | £60,020 | £248,020 |
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 | 33.052 % | £62,137 | £250,137 |
| 3 Month Average | 26.784 % | £50,353 | £238,353 |
| 6 Month Average | 37.573 % | £70,637 | £258,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £190,896 | £189,864 | 2F LENTONS LANE |
| 10 Feb 2023 | £206,026 | £207,000 | 149 LENTONS LANE |
| 30 Sep 2022 | £158,077 | £160,000 | 32 TYNEMOUTH CLOSE |
| 22 Jul 2022 | £234,683 | £235,000 | 17 IVENS GROVE |
| 24 May 2022 | £140,844 | £138,750 | 4 IVENS GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Lenton'S Lane |
| Apr 2024 | Anti-social behaviour | On or near Tynemouth Close | |
| Apr 2024 | Other crime | Under investigation | On or near Tynemouth Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Tynemouth Close |
| Apr 2024 | Other crime | Under investigation | On or near Tynemouth Close |