£341,745
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £275,000 results in an estimated price of approximately £341,745.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £275,000 | £66,745 | £341,745 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 73.430 % | £201,933 | £476,933 |
| 3 Month Average | 11.030 % | £30,333 | £305,333 |
| 6 Month Average | 9.543 % | £26,243 | £301,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £368,664 | £363,000 | 78 ULVERLEY GREEN ROAD |
| 15 Dec 2023 | £376,128 | £364,570 | 109 ULVERLEY GREEN ROAD |
| 30 Jan 2023 | £355,951 | £355,000 | 13 CASTLE LANE |
| 25 Jan 2023 | £243,651 | £243,000 | 18 CASTLE LANE |
| 18 Aug 2022 | £574,687 | £572,000 | 56 ULVERLEY GREEN ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Dec 2015. Using an estimated price of £341,745 means this house is valued at £3,839 per sq meter (£356 per sq foot).
The average size of a house on CASTLE LANE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chelmscote Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmscote Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Chelmscote Road |
| May 2024 | Anti-social behaviour | On or near Chelmscote Road | |
| May 2024 | Anti-social behaviour | On or near Chelmscote Road |