£238,841
This estimated value is based upon the latest sale price for the house of £79,950 on 22 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Lancaster Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £79,950 | 22 Apr 2002 |
| £42,000 | 27 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 851 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £79,950 results in an estimated price of approximately £238,841.
| 22 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £79,950 | £158,891 | £238,841 |
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 | 164.224 % | £131,297 | £211,247 |
| 3 Month Average | 192.973 % | £154,282 | £234,232 |
| 6 Month Average | 209.689 % | £167,646 | £247,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £166,456 | £165,000 | 30 PEMBROOK ROAD |
| 22 Feb 2023 | £159,892 | £160,000 | 11A PEMBROOK ROAD |
| 1 Feb 2023 | £169,886 | £170,000 | 19 PEMBROOK ROAD |
| 12 May 2022 | £285,377 | £280,000 | 3 LANCASTER GARDENS |
| 14 Apr 2022 | £176,096 | £171,000 | 8 PEMBROOK ROAD |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 22 Dec 2008. Using an estimated price of £238,841 means this house is valued at £3,019 per sq meter (£280 per sq foot).
The average size of a house on HOLBROOK LANE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lancaster Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Gardens |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Lancaster Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Gardens |