£223,911
This estimated value is based upon the latest sale price for the house of £151,500 on 30 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £151,500 | 30 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £151,500 results in an estimated price of approximately £223,911.
| 30 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £151,500 | £72,411 | £223,911 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 38.624 % | £58,515 | £210,015 |
| 3 Month Average | 37.081 % | £56,178 | £207,678 |
| 6 Month Average | 57.597 % | £87,259 | £238,759 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Sep 2014.
The average size of a house on LAPWORTH ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moon Crescent |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Squirrel Close |
| Dec 2023 | Anti-social behaviour | On or near Squirrel Close | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Squirrel Close |
| Dec 2023 | Anti-social behaviour | On or near Squirrel Close |