£170,466
This estimated value is based upon the latest sale price for the house of £30,000 on 15 Dec 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Lanchester Road
More crime details
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| Price Paid | Date |
|---|---|
| £30,000 | 15 Dec 1995 |
| Terraced |
| Freehold |
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 December 1995 the House Price Index for WEST MIDLANDS was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £30,000 results in an estimated price of approximately £170,466.
| 15 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £30,000 | £140,466 | £170,466 |
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 | 377.610 % | £113,283 | £143,283 |
| 3 Month Average | 444.514 % | £133,354 | £163,354 |
| 6 Month Average | 458.070 % | £137,421 | £167,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £209,859 | £210,000 | 19 MIDDLEMARCH ROAD |
| 18 Oct 2022 | £193,912 | £196,000 | 120 CHEVERAL AVENUE |
| 10 Jun 2022 | £230,254 | £227,000 | 16 MIDDLEMARCH ROAD |
| 18 May 2022 | £214,033 | £210,000 | 60 CHEVERAL AVENUE |
| 18 Mar 2022 | £202,071 | £195,000 | 40 MIDDLEMARCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanchester Road |