£678,760
This estimated value is based upon the latest sale price for the house of £400,000 on 26 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 26 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 238 sq meters or 2,561 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £400,000 results in an estimated price of approximately £678,760.
| 26 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £400,000 | £278,760 | £678,760 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 13.804 % | £55,214 | £455,214 |
| 3 Month Average | 31.264 % | £125,057 | £525,057 |
| 6 Month Average | 41.913 % | £167,650 | £567,650 |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 16 Apr 2021.
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Cedar Bridge Croft |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A5127 |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near A5127 |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A5127 |