£234,794
This estimated value is based upon the latest sale price for the house of £192,500 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,500 | 31 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £192,500 results in an estimated price of approximately £234,794.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £192,500 | £42,294 | £234,794 |
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 | 60.275 % | £116,030 | £308,530 |
| 3 Month Average | 22.628 % | £43,558 | £236,058 |
| 6 Month Average | 14.754 % | £28,402 | £220,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £268,982 | £265,000 | 195 BARKERS BUTTS LANE |
| 29 Sep 2023 | £215,252 | £212,500 | 24 ASHWOOD AVENUE |
| 2 Aug 2023 | £237,074 | £235,000 | 60 MAX ROAD |
| 14 Jun 2023 | £259,139 | £256,000 | 8 ASHWOOD AVENUE |
| 6 Apr 2023 | £227,449 | £225,000 | 38 MAX ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 Sep 2019. Using an estimated price of £234,795 means this house is valued at £2,471 per sq meter (£229 per sq foot).
There is one other house on the street which we know the size of, this is 16 ELMWOOD AVENUE it is 118.7
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Elmwood Avenue |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Elmwood Avenue |
| Apr 2024 | Public order | Under investigation | On or near Elmwood Avenue |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Elmwood Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Avenue |