£186,976
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Jun 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 | 22 Jun 2016 |
| £128,700 | 22 Dec 2004 |
| £75,000 | 8 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £140,000 results in an estimated price of approximately £186,976.
| 22 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £140,000 | £46,976 | £186,976 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 40.591 % | £56,827 | £196,827 |
| 3 Month Average | 22.138 % | £30,993 | £170,993 |
| 6 Month Average | 44.179 % | £61,850 | £201,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £203,005 | £200,000 | 11 TORCROSS AVENUE |
| 1 Nov 2023 | £185,750 | £183,000 | 43A TORCROSS AVENUE |
| 15 Sep 2023 | £314,015 | £310,000 | 37 CLOVELLY ROAD |
| 15 Sep 2023 | £374,792 | £370,000 | 35 CLOVELLY ROAD |
| 24 Aug 2023 | £141,236 | £140,000 | 75 HONITON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Feb 2016. Using an estimated price of £186,977 means this house is valued at £2,749 per sq meter (£255 per sq foot).
The average size of a house on HONITON ROAD is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clovelly Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Clovelly Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Road West |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wycliffe Road West |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |