£129,908
This estimated value is based upon the latest sale price for the house of £100,500 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Red Lane
More crime details
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| Price Paid | Date |
|---|---|
| £100,500 | 28 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £100,500 results in an estimated price of approximately £129,908.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £100,500 | £29,408 | £129,908 |
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 | 34.279 % | £34,450 | £134,950 |
| 3 Month Average | 31.383 % | £31,540 | £132,040 |
| 6 Month Average | 29.146 % | £29,291 | £129,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £111,959 | £110,000 | 17 MULLINER STREET |
| 14 Jul 2023 | £157,115 | £155,000 | 146 RED LANE |
| 30 Jun 2023 | £354,292 | £350,000 | 40 RED LANE |
| 17 Feb 2023 | £159,892 | £160,000 | 50 SMITH STREET |
| 17 Feb 2023 | £147,900 | £148,000 | 47 MULLINER STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 11 Aug 2015. Using an estimated price of £129,909 means this house is valued at £1,732 per sq meter (£160 per sq foot).
The average size of a house on RED LANE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Red Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Red Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helen Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helen Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helen Street |