£235,345
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Feb 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£230,000 | 27 Feb 2024 |
£165,000 | 31 Oct 2019 |
£127,000 | 26 Sep 2008 |
£38,000 | 5 Mar 1999 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 February 2024 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £230,000 results in an estimated price of approximately £235,345.
27 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £230,000 | £5,345 | £235,345 |
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 | 2.839 % | £6,529 | £236,529 |
3 Month Average | 9.335 % | £21,470 | £251,470 |
6 Month Average | 4.040 % | £9,291 | £239,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £318,000 | £318,000 | 144 WINDMILL ROAD |
12 Apr 2024 | £222,936 | £221,000 | 224 WINDMILL ROAD |
4 Aug 2023 | £168,031 | £165,000 | 25 MILL RACE LANE |
4 Aug 2023 | £186,361 | £183,000 | 15 ALDER ROAD |
25 Apr 2023 | £184,450 | £181,000 | 38 ALDER ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Jun 2019.
The average size of a house on MILL RACE LANE is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Mill Race Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiveycourt Road |