£343,198
This estimated value is based upon the latest sale price for the house of £315,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 12 Nov 2021 |
| £87,500 | 18 Dec 2001 |
| £75,000 | 1 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £315,000 results in an estimated price of approximately £343,198.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £315,000 | £28,198 | £343,198 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -62.791 % | £-197,791 | £117,208 |
| 3 Month Average | -13.336 % | £-42,008 | £272,991 |
| 6 Month Average | -22.093 % | £-69,591 | £245,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £130,130 | £129,000 | 32 LIMBRICK COURT LAWLEY CLOSE |
| 21 Aug 2023 | £218,949 | £215,000 | 46 LAWLEY CLOSE |
| 21 Oct 2022 | £299,001 | £300,000 | 56 JOBS LANE |
| 13 May 2022 | £282,356 | £275,000 | 23 LAWLEY CLOSE |
| 7 Mar 2022 | £104,393 | £100,000 | 52 WOODCRAFT CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 15 Jun 2021. Using an estimated price of £343,199 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on JOBS LANE is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawley Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcraft Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Woodcraft Close |
| Jul 2024 | Burglary | Under investigation | On or near Limbrick Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Limbrick Avenue |