£308,708
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 985 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £180,000 results in an estimated price of approximately £308,708.
| 15 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £180,000 | £128,708 | £308,708 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 22.757 % | £40,961 | £220,961 |
| 3 Month Average | 35.313 % | £63,563 | £243,563 |
| 6 Month Average | 56.329 % | £101,392 | £281,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £437,658 | £430,000 | 23 NAILCOTE AVENUE |
| 16 Jun 2023 | £167,023 | £165,000 | RAVENSWOOD NAILCOTE AVENUE |
| 6 Apr 2023 | £414,463 | £410,000 | 12 NAILCOTE AVENUE |
| 17 Mar 2023 | £479,518 | £475,000 | 42A NAILCOTE AVENUE |
| 8 Feb 2023 | £459,691 | £460,000 | 14 NAILCOTE AVENUE |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 11 Mar 2011. Using an estimated price of £308,708 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on TANNERS LANE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stowe Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stowe Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stowe Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stowe Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stowe Place |