£239,586
This estimated value is based upon the latest sale price for the house of £179,950 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,950 | 26 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £179,950 results in an estimated price of approximately £239,586.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £179,950 | £59,636 | £239,586 |
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 | 17.365 % | £31,248 | £211,198 |
| 3 Month Average | 25.897 % | £46,601 | £226,551 |
| 6 Month Average | 29.986 % | £53,958 | £233,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2022 | £244,525 | £246,500 | 208 BARKERS BUTTS LANE |
| 17 Aug 2022 | £266,283 | £267,000 | 31 SCOTS LANE |
| 24 Jun 2022 | £236,340 | £233,000 | 12 SCOTS LANE |
| 4 Feb 2022 | £321,949 | £307,000 | 27 WESTHILL ROAD |
| 17 Sep 2021 | £260,777 | £242,000 | 41 SCOTS LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 May 2016. Using an estimated price of £239,587 means this house is valued at £2,632 per sq meter (£244 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 | Unable to prosecute suspect | On or near Westhill Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Westhill Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westhill Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Westhill Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westhill Road |