£435,910
This estimated value is based upon the latest sale price for the house of £325,000 on 16 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 |
|---|---|
| £325,000 | 16 Aug 2016 |
| Detached |
| Freehold |
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 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £325,000 results in an estimated price of approximately £435,910.
| 16 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £325,000 | £110,910 | £435,910 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 35.752 % | £116,192 | £441,192 |
| 3 Month Average | 47.410 % | £154,081 | £479,081 |
| 6 Month Average | 53.462 % | £173,750 | £498,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £192,383 | £187,500 | 38 THOMPSONS ROAD |
| 23 Jun 2023 | £285,726 | £280,000 | 61 GROVE LANE |
| 27 Apr 2023 | £288,394 | £283,000 | 49 GROVE LANE |
| 6 Jan 2023 | £245,656 | £245,000 | 54 GROVE LANE |
| 28 Oct 2022 | £209,301 | £210,000 | 24E BENNETTS ROAD NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Miners Lane | |
| Sep 2024 | Anti-social behaviour | On or near Miners Lane | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Miners Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miners Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miners Lane |