£461,462
This estimated value is based upon the latest sale price for the house of £175,000 on 16 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£175,000 | 16 Oct 2002 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 October 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £175,000 results in an estimated price of approximately £461,462.
16 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £175,000 | £286,462 | £461,462 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 70.972 % | £124,201 | £299,201 |
3 Month Average | 121.470 % | £212,572 | £387,572 |
6 Month Average | 146.480 % | £256,339 | £431,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £354,775 | £350,000 | 19A HOCKLEY LANE |
17 Mar 2023 | £149,408 | £148,000 | 35 GARDEN FLATS UPPER EASTERN GREEN LANE |
20 Jan 2023 | £340,397 | £342,000 | 15 MANDERLEY CLOSE |
25 Feb 2022 | £298,878 | £285,000 | 1 WILLIAM BREE ROAD |
21 Feb 2022 | £251,687 | £240,000 | 35 HOCKLEY LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Sep 2010. Using an estimated price of £461,463 means this house is valued at £4,524 per sq meter (£420 per sq foot).
The average size of a house on HOCKLEY LANE is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Manderley Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellowship Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellowship Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mellowship Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellowship Road |