£190,140
This estimated value is based upon the latest sale price for the house of £53,000 on 29 Jan 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 29 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2001 the House Price Index for WEST MIDLANDS was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £53,000 results in an estimated price of approximately £190,140.
| 29 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £53,000 | £137,140 | £190,140 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 268.024 % | £142,052 | £195,052 |
| 3 Month Average | 287.334 % | £152,286 | £205,286 |
| 6 Month Average | 292.910 % | £155,242 | £208,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £332,610 | £327,500 | 44 LODGE ROAD |
| 22 Sep 2023 | £283,244 | £277,000 | 21 OXLEY LINKS ROAD |
| 24 Feb 2023 | £392,623 | £390,000 | 38 CAPSTONE AVENUE |
| 13 Jan 2023 | £156,418 | £156,000 | 9 CHURCHFIELD ROAD |
| 19 Aug 2022 | £190,893 | £190,000 | 43 RIBBESFORD AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Mar 2015. Using an estimated price of £190,141 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on LODGE ROAD is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lodge Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ribbesford Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ribbesford Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ribbesford Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstone Avenue |