£514,997
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Aug 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 29 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 202 sq meters or 2,174 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 August 2008 the House Price Index for WEST MIDLANDS was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £310,000 results in an estimated price of approximately £514,997.
| 29 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £310,000 | £204,997 | £514,997 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | -6.809 % | £-21,106 | £288,893 |
| 3 Month Average | -10.916 % | £-33,838 | £276,161 |
| 6 Month Average | 31.346 % | £97,171 | £407,171 |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 28 Feb 2015.
The average size of a house on CARTBRIDGE LANE is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Cartbridge Lane |
| Jan 2024 | Anti-social behaviour | On or near Cartbridge Lane | |
| Jan 2024 | Anti-social behaviour | On or near Cartbridge Lane | |
| Jan 2024 | Anti-social behaviour | On or near Cartbridge Lane | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cartbridge Lane |