£289,236
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,039 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £215,000 results in an estimated price of approximately £289,236.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £215,000 | £74,236 | £289,236 |
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 | 34.890 % | £75,012 | £290,012 |
| 3 Month Average | 46.669 % | £100,338 | £315,338 |
| 6 Month Average | 39.648 % | £85,243 | £300,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £161,528 | £160,000 | 16A ST LUKES ROAD |
| 23 Sep 2022 | £185,741 | £188,000 | 313 LYTHALLS LANE |
| 30 May 2022 | £245,652 | £242,000 | 15 ST LUKES ROAD |
| 11 Mar 2022 | £190,934 | £185,000 | 25 CHERRY CLOSE |
| 25 Feb 2022 | £202,625 | £194,000 | 327 LYTHALLS LANE |
This house has a floor area of 189 sq meters or 2,039 sq feet when measured on 29 Dec 2009. Using an estimated price of £289,236 means this house is valued at £1,526 per sq meter (£141 per sq foot).
The average size of a house on LYTHALLS LANE is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
| Jan 2024 | Public order | Under investigation | On or near Cherry Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Gardens |