£456,601
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Jul 2019. 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 John Murphy Gardens
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| Price Paid | Date |
|---|---|
| £375,000 | 31 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £375,000 results in an estimated price of approximately £456,601.
| 31 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £375,000 | £81,601 | £456,601 |
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 | 1.142 % | £4,283 | £379,283 |
| 3 Month Average | 13.132 % | £49,246 | £424,246 |
| 6 Month Average | 13.887 % | £52,076 | £427,076 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Jul 2019.
The average size of a house on SCOTS LANE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near John Murphy Gardens |
| Jan 2024 | Burglary | Under investigation | On or near John Murphy Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near John Murphy Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Little Coundon Close |
| Jan 2024 | Drugs | Under investigation | On or near Little Coundon Close |