£208,811
This estimated value is based upon the latest sale price for the house of £140,000 on 19 Dec 2014. 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 Lodge Road
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Price Paid | Date |
---|---|
£140,000 | 19 Dec 2014 |
£43,500 | 25 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £140,000 results in an estimated price of approximately £208,811.
19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £140,000 | £68,811 | £208,811 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 184.205 % | £257,887 | £397,887 |
3 Month Average | 48.616 % | £68,062 | £208,062 |
6 Month Average | 37.803 % | £52,923 | £192,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £175,600 | £173,000 | 17 LODGE ROAD |
21 Mar 2023 | £242,283 | £240,000 | 115 BULLS HEAD LANE |
25 Jul 2022 | £230,621 | £230,000 | 37 LODGE ROAD |
5 Jan 2022 | £221,006 | £210,000 | 27 DAWSON ROAD |
17 Dec 2021 | £248,560 | £232,000 | 29 LODGE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Sep 2016. Using an estimated price of £208,812 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on LODGE ROAD is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lodge Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lodge Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Avenue |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Dawson Road |
Mar 2024 | Public order | Under investigation | On or near Dawson Road |