£281,387
This estimated value is based upon the latest sale price for the house of £165,000 on 28 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Lanchester Road
More crime details
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| Price Paid | Date |
|---|---|
| £165,000 | 28 May 2012 |
| £190,000 | 26 Jul 2006 |
| £55,500 | 13 Nov 2000 |
| 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £165,000 results in an estimated price of approximately £281,387.
| 28 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £165,000 | £116,387 | £281,387 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 69.581 % | £114,809 | £279,809 |
| 3 Month Average | 82.119 % | £135,496 | £300,496 |
| 6 Month Average | 86.335 % | £142,452 | £307,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £192,461 | £190,000 | 13 MARNER CRESCENT |
| 9 Aug 2023 | £201,765 | £200,000 | 2 BEDE ROAD |
| 16 Jun 2023 | £242,943 | £240,000 | 18 LYDGATE ROAD |
| 17 Apr 2023 | £293,156 | £290,000 | 12 LYDGATE ROAD |
| 6 Mar 2023 | £164,550 | £163,000 | 8 BEDE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lanchester Road |