£222,867
This estimated value is based upon the latest sale price for the house of £178,000 on 4 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£178,000 | 4 Dec 2017 |
£33,750 | 19 May 1995 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £178,000 results in an estimated price of approximately £222,867.
4 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.0 | 25.206 % | £178,000 | £44,867 | £222,867 |
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 | 16.216 % | £28,864 | £206,864 |
3 Month Average | 25.806 % | £45,935 | £223,935 |
6 Month Average | 25.005 % | £44,508 | £222,508 |
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 |
12 May 2022 | £284,225 | £280,000 | 3 LANCASTER GARDENS |
25 Feb 2022 | £202,625 | £194,000 | 327 LYTHALLS LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Apr 2017. Using an estimated price of £222,868 means this house is valued at £2,751 per sq meter (£255 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 | 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 |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lancaster Gardens |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wood Hill Rise |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood Hill Rise |