£242,584
This estimated value is based upon the latest sale price for the house of £185,000 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Court Lane
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| Price Paid | Date |
|---|---|
| £185,000 | 15 Dec 2016 |
| £170,000 | 14 Nov 2014 |
| £150,000 | 11 Oct 2013 |
| Semi-Detached |
| 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £185,000 results in an estimated price of approximately £242,584.
| 15 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £185,000 | £57,584 | £242,584 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 87.543 % | £161,954 | £346,954 |
| 3 Month Average | 25.755 % | £47,647 | £232,647 |
| 6 Month Average | 22.875 % | £42,318 | £227,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £295,000 | £295,000 | 207 CHESTER ROAD |
| 12 Jun 2023 | £240,918 | £238,000 | 399 COURT LANE |
| 24 Jan 2023 | £246,340 | £247,500 | 319 COURT LANE |
| 24 Aug 2022 | £159,570 | £160,000 | 349 COURT LANE |
| 27 May 2022 | £127,401 | £125,000 | FLAT 6 GUTHRUM CLOSE, 341 COURT LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jun 2013. Using an estimated price of £242,584 means this house is valued at £2,922 per sq meter (£271 per sq foot).
The average size of a house on COURT LANE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Court Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Court Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fosseway Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fosseway Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fosseway Drive |