£207,331
This estimated value is based upon the latest sale price for the house of £165,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£165,000 | 25 May 2018 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £165,000 results in an estimated price of approximately £207,331.
25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £165,000 | £42,331 | £207,331 |
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 | 26.063 % | £43,004 | £208,004 |
3 Month Average | 24.514 % | £40,448 | £205,448 |
6 Month Average | 25.330 % | £41,795 | £206,795 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £158,434 | £156,000 | 10 SCOTS LANE |
26 Jun 2023 | £246,949 | £242,000 | 23 WESTHILL ROAD |
24 Nov 2022 | £174,186 | £175,000 | 10 THE LIMES SOUTHBANK ROAD |
21 Sep 2022 | £246,335 | £246,500 | 208 BARKERS BUTTS LANE |
24 Jun 2022 | £238,089 | £233,000 | 12 SCOTS LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Jul 2016. Using an estimated price of £207,331 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on SCOTS LANE is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Westhill Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westhill Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westhill Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westhill Road |
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Westhill Road |