£114,534
This estimated value is based upon the latest sale price for the house of £70,000 on 2 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 2 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £70,000 results in an estimated price of approximately £114,534.
| 2 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £70,000 | £44,534 | £114,534 |
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 | 37.335 % | £26,134 | £96,134 |
| 3 Month Average | 60.171 % | £42,120 | £112,120 |
| 6 Month Average | 67.565 % | £47,295 | £117,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £199,551 | £197,000 | 76 DURBAR AVENUE |
| 17 Aug 2023 | £171,500 | £170,000 | 47 HOLBROOK LANE |
| 5 Jul 2023 | £121,637 | £120,000 | 2 HOLBROOK LANE |
| 5 Jan 2023 | £178,161 | £179,000 | 12 HOLBROOK LANE |
| 31 Aug 2022 | £210,434 | £211,000 | 28 DURBAR AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Nov 2012. Using an estimated price of £114,534 means this house is valued at £1,487 per sq meter (£138 per sq foot).
The average size of a house on LOCKHURST LANE is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Boston Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Boston Place |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Boston Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Boston Place |
| Mar 2024 | Other theft | Under investigation | On or near Boston Place |