£264,010
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Sep 2021 |
| £139,995 | 23 Jan 2004 |
| Terraced |
| 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £245,000 results in an estimated price of approximately £264,010.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £245,000 | £19,010 | £264,010 |
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 | -6.614 % | £-16,204 | £228,795 |
| 3 Month Average | 5.700 % | £13,964 | £258,964 |
| 6 Month Average | 2.508 % | £6,144 | £251,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £251,383 | £248,000 | 3 WITNELL ROAD |
| 20 Mar 2023 | £353,329 | £350,000 | 11 CHORLEY WAY |
| 20 May 2022 | £266,012 | £261,000 | 51 CHORLEY WAY |
| 3 Dec 2021 | £250,702 | £234,000 | 3 TRIMPLEY DRIVE |
| 30 Sep 2021 | £264,010 | £245,000 | 11 TRIMPLEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Trimpley Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Romsley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Romsley Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Witnell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Witnell Road |