£82,229
This estimated value is based upon the latest sale price for the house of £14,500 on 12 May 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £14,500 | 12 May 1995 |
| Terraced |
| 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 May 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £14,500 results in an estimated price of approximately £82,229.
| 12 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £14,500 | £67,729 | £82,229 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 394.757 % | £57,239 | £71,739 |
| 3 Month Average | 390.268 % | £56,588 | £71,088 |
| 6 Month Average | 372.806 % | £54,056 | £68,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £163,000 | £163,000 | 12 LENNOX CLOSE |
| 8 Mar 2024 | £187,887 | £185,000 | 15 LENNOX CLOSE |
| 27 Oct 2023 | £204,648 | £200,000 | 51 REMEMBRANCE ROAD |
| 15 Aug 2023 | £133,406 | £131,000 | 129 MEADFOOT ROAD |
| 17 Apr 2023 | £168,655 | £165,500 | 162 MEADFOOT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lorenzo Close | |
| Oct 2024 | Public order | Under investigation | On or near Lorenzo Close |
| Oct 2024 | Anti-social behaviour | On or near Lorenzo Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lorenzo Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Lorenzo Close |