£201,452
This estimated value is based upon the latest sale price for the house of £64,500 on 31 Jan 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£64,500 | 31 Jan 2002 |
£43,995 | 24 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 January 2002 the House Price Index for WEST MIDLANDS was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £64,500 results in an estimated price of approximately £201,452.
31 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £64,500 | £136,952 | £201,452 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 182.814 % | £117,914 | £182,414 |
3 Month Average | 152.329 % | £98,252 | £162,752 |
6 Month Average | 180.219 % | £116,241 | £180,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £181,589 | £180,000 | 25 BAKERS LANE |
24 Mar 2023 | £121,141 | £120,000 | 97 BAKERS LANE |
11 Jul 2022 | £231,624 | £231,000 | 52 CROSBIE ROAD |
24 Jun 2022 | £243,440 | £240,000 | 1 BAKERS LANE |
17 Jun 2022 | £131,863 | £130,000 | 59 BAKERS LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 8 Jul 2019. Using an estimated price of £201,452 means this house is valued at £4,029 per sq meter (£374 per sq foot).
The average size of a house on BAKERS LANE is 58 sq meters (626 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bakers Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosbie Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosbie Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldfield Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Oldfield Road |