£352,507
This estimated value is based upon the latest sale price for the house of £207,000 on 18 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £207,000 | 18 Sep 2012 |
| £90,000 | 31 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £207,000 results in an estimated price of approximately £352,507.
| 18 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £207,000 | £145,507 | £352,507 |
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 | 24.033 % | £49,749 | £256,749 |
| 3 Month Average | 26.312 % | £54,466 | £261,466 |
| 6 Month Average | 45.143 % | £93,445 | £300,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £248,678 | £246,000 | 23 STARE GREEN |
| 11 Nov 2022 | £256,888 | £260,000 | 20 STARE GREEN |
| 31 Aug 2022 | £363,023 | £364,000 | 32 LICHEN GREEN |
| 2 Aug 2022 | £325,125 | £326,000 | 16 LICHEN GREEN |
| 27 Jun 2022 | £436,164 | £430,000 | 11 ALDRIN WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Jun 2012. Using an estimated price of £352,508 means this house is valued at £3,750 per sq meter (£348 per sq foot).
The average size of a house on LICHEN GREEN is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackthorn Close |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Stare Green |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Stare Green |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lilacvale Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bransford Avenue |