£145,394
This estimated value is based upon the latest sale price for the house of £42,000 on 18 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £42,000 | 18 Apr 2001 |
| £27,950 | 28 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £42,000 results in an estimated price of approximately £145,394.
| 18 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £42,000 | £103,394 | £145,394 |
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 | 197.619 % | £82,999 | £124,999 |
| 3 Month Average | 245.948 % | £103,298 | £145,298 |
| 6 Month Average | 258.808 % | £108,699 | £150,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £106,360 | £105,000 | 237 OLD CHURCH ROAD |
| 4 Sep 2023 | £176,254 | £174,000 | 21 THOMAS LANE STREET |
| 29 Aug 2023 | £186,633 | £185,000 | 6 THOMAS LANE STREET |
| 20 Feb 2023 | £164,889 | £165,000 | 245 OLD CHURCH ROAD |
| 1 Jul 2022 | £230,621 | £230,000 | 181 OLD CHURCH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Sep 2013. Using an estimated price of £145,394 means this house is valued at £2,107 per sq meter (£195 per sq foot).
The average size of a house on THOMAS LANE STREET is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Thomas Lane Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Lane Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Lane Street |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Thomas Lane Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Lane Street |