£185,444
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£140,000 | 7 Oct 2016 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £140,000 results in an estimated price of approximately £185,444.
7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £140,000 | £45,444 | £185,444 |
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 | 24.623 % | £34,471 | £174,471 |
3 Month Average | 37.102 % | £51,942 | £191,942 |
6 Month Average | 30.165 % | £42,231 | £182,231 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £285,692 | £283,000 | 53 WALLACE ROAD |
2 Mar 2023 | £226,130 | £224,000 | 89 SADLER ROAD |
20 Jan 2023 | £234,396 | £235,500 | 50 CHESTERTON ROAD |
20 Jun 2022 | £220,111 | £217,000 | 76 WALLACE ROAD |
17 Mar 2022 | £271,501 | £262,000 | 48 WALLACE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Jul 2016. Using an estimated price of £185,445 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on HARDY ROAD is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hardy Road |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hardy Road |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hardy Road |
Feb 2024 | Burglary | Awaiting court outcome | On or near Chesterton Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chesterton Road |