£156,855
This estimated value is based upon the latest sale price for the house of £123,500 on 24 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 24 Aug 2017 |
| £79,000 | 19 Apr 2006 |
| £67,000 | 15 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £123,500 results in an estimated price of approximately £156,855.
| 24 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £123,500 | £33,355 | £156,855 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 14.669 % | £18,116 | £141,616 |
| 3 Month Average | 8.620 % | £10,646 | £134,146 |
| 6 Month Average | 28.164 % | £34,782 | £158,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £111,980 | £111,000 | 166 CLAY LANE |
| 31 Jan 2023 | £373,242 | £375,000 | 148 - 150 CLAY LANE |
| 19 Aug 2022 | £137,630 | £138,000 | 15 STOKE ROW |
| 8 Mar 2022 | £155,439 | £150,000 | 17 CLAY LANE |
| 10 Sep 2021 | £172,415 | £160,000 | 62 HASTINGS ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 May 2016. Using an estimated price of £156,856 means this house is valued at £2,341 per sq meter (£217 per sq foot).
The average size of a house on CLAY LANE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Terracota Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Terracota Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terracota Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Terracota Drive |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Terracota Drive |