£281,962
This estimated value is based upon the latest sale price for the house of £228,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £228,000 | 3 Apr 2019 |
| £188,000 | 10 Dec 2015 |
| £147,000 | 3 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £228,000 results in an estimated price of approximately £281,962.
| 3 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £228,000 | £53,962 | £281,962 |
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 | -3.637 % | £-8,292 | £219,707 |
| 3 Month Average | 12.773 % | £29,122 | £257,122 |
| 6 Month Average | 13.970 % | £31,852 | £259,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £212,575 | £210,000 | 32 BROWNSHILL GREEN ROAD |
| 23 Jun 2023 | £192,330 | £190,000 | 187 BROWNSHILL GREEN ROAD |
| 23 Sep 2022 | £277,757 | £280,000 | 223 SCOTS LANE |
| 11 Jul 2022 | £283,764 | £283,000 | 231 SCOTS LANE |
| 25 Feb 2022 | £238,054 | £227,000 | 8 BROWNSHILL GREEN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 31 Mar 2015. Using an estimated price of £281,963 means this house is valued at £3,240 per sq meter (£301 per sq foot).
The average size of a house on SCOTS LANE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Thistley Field West |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thistley Field West |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Thistley Field West |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Brackenhurst Road |
| Mar 2024 | Burglary | Under investigation | On or near Brackenhurst Road |