£175,457
This estimated value is based upon the latest sale price for the house of £121,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 31 Jul 2015 |
| £117,500 | 24 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 737 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £121,000 results in an estimated price of approximately £175,457.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £121,000 | £54,457 | £175,457 |
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 | 44.577 % | £53,937 | £174,937 |
| 3 Month Average | 49.400 % | £59,773 | £180,773 |
| 6 Month Average | 50.702 % | £61,349 | £182,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £107,367 | £105,000 | 237 OLD CHURCH ROAD |
| 4 Sep 2023 | £177,922 | £174,000 | 21 THOMAS LANE STREET |
| 29 Aug 2023 | £188,398 | £185,000 | 6 THOMAS LANE STREET |
| 20 Feb 2023 | £166,110 | £165,000 | 245 OLD CHURCH ROAD |
| 1 Jul 2022 | £232,328 | £230,000 | 181 OLD CHURCH ROAD |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 13 May 2011. Using an estimated price of £175,457 means this house is valued at £2,561 per sq meter (£237 per sq foot).
The average size of a house on THOMAS LANE STREET is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Thomas Lane Street | |
| Jun 2024 | Anti-social behaviour | On or near Thomas Lane Street | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Lane Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Lane Street |
| Jul 2024 | Anti-social behaviour | On or near Quilletts Close |