£130,768
This estimated value is based upon the latest sale price for the house of £88,000 on 7 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 7 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £88,000 results in an estimated price of approximately £130,768.
| 7 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £88,000 | £42,768 | £130,768 |
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 | 49.023 % | £43,139 | £131,139 |
| 3 Month Average | 57.666 % | £50,746 | £138,746 |
| 6 Month Average | 58.292 % | £51,297 | £139,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £202,452 | £200,000 | 55 CAPMARTIN ROAD |
| 2 Jun 2023 | £187,268 | £185,000 | 64 OWENFORD ROAD |
| 18 Nov 2022 | £182,786 | £185,000 | 59 OUTERMARCH ROAD |
| 8 Jul 2022 | £221,597 | £221,000 | 80 OWENFORD ROAD |
| 4 Mar 2022 | £215,543 | £208,000 | 75 OWENFORD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 17 Apr 2014. Using an estimated price of £130,768 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on OUTERMARCH ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Outermarch Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Outermarch Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Outermarch Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Outermarch Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Outermarch Road |