£177,387
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 28 Jul 2023 |
| £145,000 | 31 May 2019 |
| £101,000 | 7 Oct 2005 |
| £77,950 | 4 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £175,000 results in an estimated price of approximately £177,387.
| 28 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £175,000 | £2,387 | £177,387 |
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 | -7.010 % | £-12,268 | £162,731 |
| 3 Month Average | 2.707 % | £4,737 | £179,737 |
| 6 Month Average | 2.273 % | £3,977 | £178,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £192,461 | £190,000 | 7 MORTON CLOSE |
| 21 Sep 2023 | £221,836 | £219,000 | 75 BENSON ROAD |
| 1 Sep 2023 | £157,007 | £155,000 | 15 MORTON CLOSE |
| 28 Jul 2023 | £177,387 | £175,000 | 13 MORTON CLOSE |
| 1 Feb 2023 | £216,854 | £217,000 | 277 SADLER ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Jan 2019. Using an estimated price of £177,387 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on MORTON CLOSE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Morton Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morton Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morton Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Scotchill |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Scotchill |