£498,298
This estimated value is based upon the latest sale price for the house of £405,000 on 16 Jan 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 Lockington Croft
More crime details
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| Price Paid | Date |
|---|---|
| £405,000 | 16 Jan 2019 |
| £123,000 | 25 Jun 1999 |
| £90,000 | 25 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £405,000 results in an estimated price of approximately £498,298.
| 16 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £405,000 | £93,298 | £498,298 |
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 | 29.766 % | £120,553 | £525,553 |
| 3 Month Average | 13.259 % | £53,700 | £458,700 |
| 6 Month Average | 26.880 % | £108,863 | £513,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £417,539 | £415,000 | 208 SPIES LANE |
| 27 May 2022 | £170,535 | £168,000 | 42 LOCKINGTON CROFT |
| 2 Feb 2022 | £174,947 | £167,500 | 35 LOCKINGTON CROFT |
| 2 Nov 2021 | £86,172 | £80,000 | 37 LOCKINGTON CROFT |
| 20 Oct 2021 | £515,741 | £468,000 | 1A VICTORIA AVENUE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 9 May 2017. Using an estimated price of £498,299 means this house is valued at £3,019 per sq meter (£280 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 | Other theft | Investigation complete; no suspect identified | On or near Lockington Croft |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lockington Croft |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lockington Croft |
| Jan 2024 | Burglary | 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 |