£327,011
This estimated value is based upon the latest sale price for the house of £195,000 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 10 Nov 2006 |
| Semi-Detached |
| Freehold |
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 2006 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £195,000 results in an estimated price of approximately £327,011.
| 10 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £195,000 | £132,011 | £327,011 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 316.898 % | £617,951 | £812,951 |
| 3 Month Average | 61.795 % | £120,500 | £315,500 |
| 6 Month Average | 46.968 % | £91,587 | £286,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £283,433 | £280,000 | 61 GROVE LANE |
| 27 Apr 2023 | £286,080 | £283,000 | 49 GROVE LANE |
| 6 Jan 2023 | £243,851 | £245,000 | 54 GROVE LANE |
| 28 Oct 2022 | £207,763 | £210,000 | 24E BENNETTS ROAD NORTH |
| 18 Aug 2022 | £219,409 | £220,000 | 24F BENNETTS ROAD NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Miners Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miners Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miners Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Miners Lane |
| Apr 2024 | Anti-social behaviour | On or near Miners Lane |