£260,284
This estimated value is based upon the latest sale price for the house of £167,500 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,500 | 21 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £167,500 results in an estimated price of approximately £260,284.
| 21 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £167,500 | £92,784 | £260,284 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 185.097 % | £310,037 | £477,537 |
| 3 Month Average | 53.552 % | £89,699 | £257,199 |
| 6 Month Average | 42.864 % | £71,797 | £239,297 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Oct 2013.
The average size of a house on LICHFIELD ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lichfield Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Lichfield Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lichfield Road |