£189,411
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Sep 2019 |
| £138,000 | 22 May 2015 |
| £102,500 | 29 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £155,000 results in an estimated price of approximately £189,411.
| 17 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £155,000 | £34,411 | £189,411 |
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 | 22.995 % | £35,642 | £190,642 |
| 3 Month Average | 4.804 % | £7,445 | £162,445 |
| 6 Month Average | 14.495 % | £22,466 | £177,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £258,898 | £254,000 | 1 CASPIAN WAY |
| 21 Aug 2023 | £221,346 | £220,000 | 7 STONEFIELD CLOSE |
| 16 Jun 2023 | £262,125 | £260,000 | 16 EDGEFIELD ROAD |
| 28 Apr 2023 | £256,909 | £255,000 | 18 STONEFIELD CLOSE |
| 15 Feb 2023 | £298,588 | £300,000 | 40 WIGSTON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 4 Jun 2014. Using an estimated price of £189,412 means this house is valued at £3,788 per sq meter (£351 per sq foot).
The average size of a house on STONEFIELD CLOSE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stonefield Close |
| Apr 2024 | Other theft | Under investigation | On or near Lymore Croft |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Lymore Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lymore Croft |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lymore Croft |