£372,012
This estimated value is based upon the latest sale price for the house of £305,000 on 27 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 |
|---|---|
| £305,000 | 27 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 £305,000 results in an estimated price of approximately £372,012.
| 27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £305,000 | £67,012 | £372,012 |
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 % | £183,840 | £488,840 |
| 3 Month Average | 22.628 % | £69,014 | £374,014 |
| 6 Month Average | 14.754 % | £45,001 | £350,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £167,251 | £165,000 | 15 BANKS ROAD |
| 5 Apr 2023 | £267,884 | £265,000 | 94 BARKERS BUTTS LANE |
| 10 Feb 2023 | £249,832 | £250,000 | 39 LOUDON AVENUE |
| 3 Feb 2023 | £57,961 | £58,000 | 4 CHILTERN COURT LOUDON AVENUE |
| 6 Jan 2023 | £194,086 | £195,000 | 14 BANKS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 31 May 2019. Using an estimated price of £372,013 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on LOUDON AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Steeplefield Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Theatre/Concert Hall |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Cramper'S Field |
| Mar 2024 | Drugs | Under investigation | On or near Cramper'S Field |