£145,159
This estimated value is based upon the latest sale price for the house of £26,000 on 15 Feb 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £26,000 | 15 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 1995 the House Price Index for WEST MIDLANDS was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £26,000 results in an estimated price of approximately £145,159.
| 15 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £26,000 | £119,159 | £145,159 |
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 | 392.892 % | £102,152 | £128,152 |
| 3 Month Average | 453.884 % | £118,009 | £144,009 |
| 6 Month Average | 466.760 % | £121,357 | £147,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £147,992 | £146,000 | 22 NORTHEY ROAD |
| 5 Jul 2023 | £121,637 | £120,000 | 2 HOLBROOK LANE |
| 9 Jan 2023 | £104,508 | £105,000 | 98 STATION STREET WEST |
| 25 Aug 2022 | £154,584 | £155,000 | 218 LOCKHURST LANE |
| 21 Apr 2022 | £176,611 | £171,500 | 254 LOCKHURST LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Sep 2020. Using an estimated price of £145,160 means this house is valued at £1,748 per sq meter (£162 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 | Criminal damage and arson | Under investigation | On or near B4118 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B4118 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4118 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4118 |
| Jan 2024 | Other theft | Under investigation | On or near B4118 |