£226,312
This estimated value is based upon the latest sale price for the house of £183,000 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Lanchester Road
More crime details
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| Price Paid | Date |
|---|---|
| £183,000 | 1 Apr 2019 |
| £109,000 | 19 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £183,000 results in an estimated price of approximately £226,312.
| 1 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £183,000 | £43,312 | £226,312 |
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 | -3.637 % | £-6,655 | £176,344 |
| 3 Month Average | 12.773 % | £23,374 | £206,374 |
| 6 Month Average | 13.970 % | £25,565 | £208,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £176,590 | £173,500 | 10 GRANGEMOUTH ROAD |
| 30 Jun 2023 | £220,673 | £218,000 | 116 CHEVERAL AVENUE |
| 22 Feb 2023 | £209,859 | £210,000 | 19 MIDDLEMARCH ROAD |
| 16 Nov 2022 | £182,786 | £185,000 | 54 GRANGEMOUTH ROAD |
| 18 May 2022 | £214,033 | £210,000 | 60 CHEVERAL AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Nov 2018. Using an estimated price of £226,312 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on LANCHESTER ROAD is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanchester Road |