£595,563
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 16 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £350,000 results in an estimated price of approximately £595,563.
| 16 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £350,000 | £245,563 | £595,563 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -17.415 % | £-60,950 | £289,049 |
| 3 Month Average | 43.437 % | £152,028 | £502,028 |
| 6 Month Average | 51.899 % | £181,646 | £531,646 |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 27 Jun 2014.
The average size of a house on LODGE LANE is 229 sq meters (2,474 sq feet).
This house is the largest in the street with a floor area of 191 sq meters (2,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Lane |