£178,674
This estimated value is based upon the latest sale price for the house of £145,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 May 2020 |
| £119,950 | 3 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £145,000 results in an estimated price of approximately £178,674.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £145,000 | £33,674 | £178,674 |
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 | 8.299 % | £12,032 | £157,032 |
| 3 Month Average | 18.712 % | £27,132 | £172,132 |
| 6 Month Average | 23.048 % | £33,419 | £178,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £139,066 | £136,000 | 65 GUILD ROAD |
| 9 Jun 2023 | £147,965 | £145,000 | 60 LOCKHURST LANE |
| 31 Mar 2023 | £157,632 | £155,000 | 45 PRIDMORE ROAD |
| 17 Mar 2023 | £1,169,531 | £1,150,000 | UNIT 4 FOLESHILL ENTERPRISE PARK |
| 4 Apr 2022 | £142,127 | £137,000 | APARTMENT 7 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Jun 2019. Using an estimated price of £178,674 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on PRIDMORE ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pridmore Road |
| Jul 2024 | Shoplifting | Under investigation | On or near Pridmore Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pridmore Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Pridmore Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pridmore Road |