£246,310
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Cubley Road
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Price Paid | Date |
---|---|
£185,000 | 12 Aug 2016 |
£65,000 | 21 Mar 1995 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £185,000 results in an estimated price of approximately £246,310.
12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £185,000 | £61,310 | £246,310 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -32.392 % | £-59,925 | £125,074 |
3 Month Average | 16.210 % | £29,988 | £214,988 |
6 Month Average | 37.176 % | £68,775 | £253,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Aug 2022 | £80,783 | £81,000 | FLAT 43 RIVENDELL COURT, 1051 STRATFORD ROAD |
20 May 2022 | £353,664 | £347,000 | 25 GREEN BANK AVENUE |
22 Feb 2022 | £317,230 | £302,500 | 36 CUBLEY ROAD |
4 Feb 2022 | £71,311 | £68,000 | FLAT 17 RIVENDELL COURT, 1051 STRATFORD ROAD |
31 Jan 2022 | £420,963 | £400,000 | 3 GREEN BANK AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Mar 2016. Using an estimated price of £246,310 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on CUBLEY ROAD is 120 sq meters (1,294 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near Cubley Road |
Mar 2024 | Burglary | Under investigation | On or near Cubley Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cubley Road |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cubley Road |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cubley Road |