£215,440
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Nov 2011. 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 Lodge Road
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 880 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £125,000 results in an estimated price of approximately £215,440.
| 4 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £125,000 | £90,440 | £215,440 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 70.479 % | £88,098 | £213,098 |
| 3 Month Average | 97.660 % | £122,074 | £247,074 |
| 6 Month Average | 99.207 % | £124,008 | £249,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £260,329 | £257,000 | 4 BURNHAM AVENUE |
| 27 Jul 2023 | £240,233 | £237,000 | 25 RANGER DRIVE |
| 23 Jun 2022 | £238,369 | £235,000 | 35 LODGE ROAD |
| 25 Mar 2022 | £217,615 | £210,000 | 35 BURNHAM AVENUE |
| 17 Mar 2022 | £169,947 | £164,000 | 369 STAFFORD ROAD |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 5 Aug 2011. Using an estimated price of £215,440 means this house is valued at £2,633 per sq meter (£244 per sq foot).
The average size of a house on CAPSTONE AVENUE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Lodge Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lodge Road |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Capstone Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ranger Drive |