£165,321
This estimated value is based upon the latest sale price for the house of £117,500 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,500 | 23 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £117,500 results in an estimated price of approximately £165,321.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £117,500 | £47,821 | £165,321 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 33.388 % | £39,230 | £156,730 |
| 3 Month Average | 30.216 % | £35,504 | £153,004 |
| 6 Month Average | 50.134 % | £58,907 | £176,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £217,933 | £215,000 | 11 HILLMORTON ROAD |
| 9 Jun 2023 | £217,636 | £215,000 | 93 PETITOR CRESCENT |
| 6 Feb 2023 | £136,908 | £137,000 | FLAT 14 PAGET COURT ALDERMANS GREEN ROAD |
| 11 Jul 2022 | £230,621 | £230,000 | 35 LAPWORTH ROAD |
| 9 Jun 2022 | £71,003 | £70,000 | 37 PETITOR CRESCENT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Oct 2015. Using an estimated price of £165,321 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on LAPWORTH ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near George Park Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Park Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Park Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near George Park Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near George Park Close |