£280,464
This estimated value is based upon the latest sale price for the house of £227,000 on 12 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,000 | 12 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £227,000 results in an estimated price of approximately £280,464.
| 12 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £227,000 | £53,464 | £280,464 |
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 | 25.452 % | £57,775 | £284,775 |
| 3 Month Average | 5.869 % | £13,321 | £240,321 |
| 6 Month Average | 12.138 % | £27,553 | £254,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £274,433 | £266,000 | 3 RYLSTON AVENUE |
| 2 Oct 2023 | £414,412 | £405,000 | HALFORD HOUSE, 62 GREENS ROAD |
| 15 Aug 2023 | £290,235 | £285,000 | 5 BATTALION COURT |
| 20 Mar 2023 | £114,411 | £112,500 | 116 COTTAGE FARM ROAD |
| 22 Feb 2023 | £246,648 | £245,000 | 2 WINGFIELD WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 May 2019. Using an estimated price of £280,464 means this house is valued at £3,048 per sq meter (£283 per sq foot).
The average size of a house on HALFORD LANE is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cottage Farm Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Farm Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rylston Avenue |