£312,880
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 31 Aug 2016 |
| £58,000 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £235,000 results in an estimated price of approximately £312,880.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £235,000 | £77,880 | £312,880 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -25.818 % | £-60,671 | £174,328 |
| 3 Month Average | -10.035 % | £-23,583 | £211,416 |
| 6 Month Average | 15.131 % | £35,557 | £270,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £157,377 | £156,000 | 90 LIME TREE AVENUE |
| 7 Jul 2023 | £275,711 | £272,000 | 45 GAZA CLOSE |
| 19 Jan 2023 | £268,734 | £270,000 | 3 PINE TREE AVENUE |
| 21 Oct 2022 | £296,804 | £300,000 | 56 JOBS LANE |
| 18 May 2022 | £234,417 | £230,000 | 81 LIME TREE AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 May 2016. Using an estimated price of £312,881 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on LIME TREE AVENUE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaza Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaza Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaza Close |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Gaza Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gaza Close |