£466,500
This estimated value is based upon the latest sale price for the house of £270,000 on 2 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Calthorpe Road
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| Price Paid | Date |
|---|---|
| £270,000 | 2 Sep 2011 |
| £145,000 | 8 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,290 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £270,000 results in an estimated price of approximately £466,500.
| 2 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £270,000 | £196,500 | £466,500 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 32.680 % | £88,236 | £358,236 |
| 3 Month Average | 65.016 % | £175,544 | £445,544 |
| 6 Month Average | 47.736 % | £128,886 | £398,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £431,387 | £425,000 | 15 CALTHORPE ROAD |
| 11 Aug 2023 | £448,927 | £445,000 | 71 LODGE ROAD |
| 18 Nov 2022 | £543,418 | £550,000 | 62 LODGE ROAD |
| 16 Mar 2022 | £647,664 | £625,000 | 75 LODGE ROAD |
| 4 Mar 2022 | £155,439 | £150,000 | FLAT 2 53 LODGE ROAD |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 31 Mar 2011. Using an estimated price of £466,500 means this house is valued at £3,890 per sq meter (£361 per sq foot).
The average size of a house on CALTHORPE ROAD is 137 sq meters (1,481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Calthorpe Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Calthorpe Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Calthorpe Close |
| Feb 2024 | Anti-social behaviour | On or near Calthorpe Close | |
| Feb 2024 | Anti-social behaviour | On or near Calthorpe Close |