£206,843
This estimated value is based upon the latest sale price for the house of £68,500 on 8 Mar 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,500 | 8 Mar 2002 |
| Detached |
| Freehold |
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 2002 the House Price Index for WEST MIDLANDS was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £68,500 results in an estimated price of approximately £206,843.
| 8 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £68,500 | £138,343 | £206,843 |
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 | 155.151 % | £106,278 | £174,778 |
| 3 Month Average | 198.616 % | £136,052 | £204,552 |
| 6 Month Average | 214.244 % | £146,757 | £215,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £218,829 | £215,000 | 4 FORGE WAY |
| 3 Nov 2023 | £324,809 | £320,000 | 41 NUNTS LANE |
| 27 Jul 2023 | £212,865 | £210,000 | 10 NUNTS LANE |
| 22 Mar 2022 | £164,766 | £159,000 | 111 WHEELWRIGHT LANE |
| 26 Nov 2021 | £216,303 | £200,000 | 9 FORGE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wheelwright Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheelwright Lane |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane |