£152,800
This estimated value is based upon the latest sale price for the house of £123,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 30 May 2018 |
| £89,000 | 21 Dec 2005 |
| £72,000 | 12 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £123,000 results in an estimated price of approximately £152,800.
| 30 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £123,000 | £29,800 | £152,800 |
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 | 46.745 % | £57,496 | £180,496 |
| 3 Month Average | 11.278 % | £13,872 | £136,872 |
| 6 Month Average | 29.764 % | £36,609 | £159,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £111,679 | £111,000 | 166 CLAY LANE |
| 7 Mar 2023 | £105,571 | £105,000 | 171 RICHMOND STREET |
| 17 Feb 2023 | £192,589 | £193,500 | 73 HASTINGS ROAD |
| 31 Jan 2023 | £371,735 | £375,000 | 148 - 150 CLAY LANE |
| 8 Mar 2022 | £154,812 | £150,000 | 17 CLAY LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Aug 2016. Using an estimated price of £152,801 means this house is valued at £1,934 per sq meter (£179 per sq foot).
The average size of a house on HASTINGS ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clay Lane |
| Apr 2024 | Anti-social behaviour | On or near Clay Lane | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Lane |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Clay Lane |