£231,077
This estimated value is based upon the latest sale price for the house of £53,000 on 18 Jun 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 18 Jun 1999 |
| £42,500 | 8 Dec 1995 |
| Semi-Detached |
| Freehold |
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 June 1999 the House Price Index for WEST MIDLANDS was 33.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 335.995%.Applying this 335.995% change to the original purchase price of £53,000 results in an estimated price of approximately £231,077.
| 18 Jun 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.0 | 335.995 % | £53,000 | £178,077 | £231,077 |
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 | 329.968 % | £174,883 | £227,883 |
| 3 Month Average | 284.415 % | £150,740 | £203,740 |
| 6 Month Average | 329.554 % | £174,663 | £227,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £235,797 | £235,000 | 35 DAVID WOOD DRIVE |
| 24 Nov 2023 | £234,004 | £231,000 | 365 LENTONS LANE |
| 29 Jun 2023 | £267,166 | £265,000 | 698 WOODWAY LANE |
| 3 Feb 2023 | £182,139 | £183,000 | 494 WOODWAY LANE |
| 11 Jan 2023 | £186,172 | £187,807 | 475 WOODWAY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |