£550,236
This estimated value is based upon the latest sale price for the house of £367,500 on 13 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £367,500 | 13 Nov 2014 |
| £129,950 | 17 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £367,500 results in an estimated price of approximately £550,236.
| 13 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £367,500 | £182,736 | £550,236 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 0.399 % | £1,467 | £368,967 |
| 3 Month Average | -19.073 % | £-70,093 | £297,406 |
| 6 Month Average | 7.534 % | £27,688 | £395,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £468,192 | £460,000 | 241 RALPH ROAD |
| 9 Mar 2023 | £550,183 | £545,000 | 16 BAXTERLEY GREEN |
| 27 May 2022 | £509,602 | £500,000 | 7 BAXTERLEY GREEN |
| 25 Aug 2021 | £568,964 | £510,000 | 70 PROSPECT LANE |
| 17 Dec 2020 | £757,491 | £660,000 | 19 NEBSWORTH CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Apr 2014. Using an estimated price of £550,237 means this house is valued at £5,342 per sq meter (£496 per sq foot).
The average size of a house on PROSPECT LANE is 170 sq meters (1,839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenley Way |
| Feb 2024 | Burglary | Under investigation | On or near Nebsworth Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Nebsworth Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linwood Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Cornbury Grove |