£187,949
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Oct 2007 |
| £35,000 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 942 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £120,000 results in an estimated price of approximately £187,949.
| 24 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £120,000 | £67,949 | £187,949 |
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 | 55.435 % | £66,521 | £186,521 |
| 3 Month Average | 54.804 % | £65,764 | £185,764 |
| 6 Month Average | 60.605 % | £72,725 | £192,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £135,068 | £132,000 | 22 BURLINGTON ROAD |
| 28 Jul 2022 | £156,569 | £155,000 | 236 SWAN LANE |
| 4 Feb 2022 | £135,227 | £128,000 | 53 LOWTHER STREET |
| 16 Jul 2021 | £162,088 | £140,000 | 276 SWAN LANE |
| 4 Dec 2020 | £92,497 | £80,000 | 296 SWAN LANE |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 6 Mar 2009. Using an estimated price of £187,949 means this house is valued at £2,146 per sq meter (£199 per sq foot).
The average size of a house on LOWTHER STREET is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lowther Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lowther Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lowther Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowther Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowther Street |