£56,635
This estimated value is based upon the latest sale price for the house of £18,000 on 17 Jan 2002. 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 Lenton Croft
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Price Paid | Date |
---|---|
£18,000 | 17 Jan 2002 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 630 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 2002 the House Price Index for WEST MIDLANDS was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £18,000 results in an estimated price of approximately £56,635.
17 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 149.7 | 214.641 % | £18,000 | £38,635 | £56,635 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 257.569 % | £46,362 | £64,362 |
3 Month Average | 207.866 % | £37,415 | £55,415 |
6 Month Average | 205.804 % | £37,044 | £55,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £233,589 | £230,000 | 227 WOODCOCK LANE NORTH |
14 Dec 2023 | £193,444 | £187,500 | 27 LANGDON WALK |
15 Nov 2023 | £128,256 | £125,000 | 2 LENTON CROFT |
24 Oct 2023 | £245,578 | £240,000 | 169 WOODCOCK LANE NORTH |
9 Jun 2023 | £209,192 | £205,000 | 243 WOODCOCK LANE NORTH |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 19 Oct 2011. Using an estimated price of £56,635 means this house is valued at £967 per sq meter (£89 per sq foot).
The average size of a house on CLAY LANE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Awaiting court outcome | On or near Lenton Croft |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lenton Croft |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Lenton Croft |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Lenton Croft |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Lenton Croft |