£197,664
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 31 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £160,000 results in an estimated price of approximately £197,664.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £160,000 | £37,664 | £197,664 |
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 | 17.321 % | £27,714 | £187,714 |
| 3 Month Average | 26.544 % | £42,470 | £202,470 |
| 6 Month Average | 18.825 % | £30,119 | £190,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £182,809 | £180,000 | 27 HALLBROOK ROAD |
| 18 Sep 2023 | £224,959 | £220,000 | 82 BROOKFORD AVENUE |
| 23 Jan 2023 | £190,509 | £190,000 | 12 HALLBROOK ROAD |
| 15 Nov 2021 | £246,231 | £226,000 | 52 HALLBROOK ROAD |
| 30 Sep 2021 | £230,141 | £212,000 | 8 BROOKFORD AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Mar 2019. Using an estimated price of £197,664 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on WATERY LANE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Watery Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watery Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watery Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Brook Road |
| Jul 2024 | Anti-social behaviour | On or near Yellowstone Close |