£201,742
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Jul 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Jul 2001 |
| 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 July 2001 the House Price Index for WEST MIDLANDS was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £60,000 results in an estimated price of approximately £201,742.
| 6 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £60,000 | £141,742 | £201,742 |
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 | 213.465 % | £128,079 | £188,079 |
| 3 Month Average | 195.762 % | £117,457 | £177,457 |
| 6 Month Average | 235.163 % | £141,097 | £201,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £194,487 | £192,000 | 182 WESTMORLAND ROAD |
| 21 Jul 2023 | £273,683 | £270,000 | 92 BELGRAVE ROAD |
| 10 Mar 2023 | £84,294 | £83,500 | 48 KESWICK WALK |
| 4 Nov 2022 | £195,630 | £198,000 | 134 WESTMORLAND ROAD |
| 19 Aug 2022 | £167,050 | £167,500 | 59 WESTMORLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |
| Mar 2024 | Drugs | Local resolution | On or near Westmorland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |
| Feb 2024 | Possession of weapons | Under investigation | On or near Westmorland Road |