£242,726
This estimated value is based upon the latest sale price for the house of £167,150 on 11 Jun 2015. 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 Hickmans Close
More crime details
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| Price Paid | Date |
|---|---|
| £167,150 | 11 Jun 2015 |
| Semi-Detached |
| 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £167,150 results in an estimated price of approximately £242,726.
| 11 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £167,150 | £75,576 | £242,726 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -1.737 % | £-2,903 | £164,246 |
| 3 Month Average | 32.750 % | £54,740 | £221,890 |
| 6 Month Average | 42.491 % | £71,023 | £238,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £478,711 | £480,000 | 289 SPIES LANE |
| 27 May 2022 | £171,226 | £168,000 | 42 LOCKINGTON CROFT |
| 9 May 2022 | £270,089 | £265,000 | 29 CHANTRY DRIVE |
| 2 Feb 2022 | £175,656 | £167,500 | 35 LOCKINGTON CROFT |
| 2 Nov 2021 | £86,521 | £80,000 | 37 LOCKINGTON CROFT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Apr 2012. Using an estimated price of £242,727 means this house is valued at £3,034 per sq meter (£281 per sq foot).
The average size of a house on SPIES LANE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Hickmans Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hickmans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lockington Croft |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lockington Croft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lockington Croft |