£92,926
This estimated value is based upon the latest sale price for the house of £54,000 on 17 Sep 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£54,000 | 17 Sep 2008 |
£57,000 | 2 Aug 2004 |
£29,000 | 14 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 285 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 September 2008 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £54,000 results in an estimated price of approximately £92,926.
17 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.086 % | £54,000 | £38,926 | £92,926 |
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 | 62.240 % | £33,609 | £87,609 |
3 Month Average | 66.307 % | £35,805 | £89,805 |
6 Month Average | 60.791 % | £32,827 | £86,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £152,045 | £149,999 | 6 MORFA GARDENS |
17 Nov 2022 | £136,842 | £138,500 | 37 MORFA GARDENS |
21 Oct 2022 | £227,550 | £230,000 | 5 WESTBURY ROAD |
10 Oct 2022 | £163,242 | £165,000 | 46 MORFA GARDENS |
19 Aug 2022 | £224,396 | £225,000 | 36 WESTBURY ROAD |
This house has a floor area of 26 sq meters or 285 sq feet when measured on 2 Dec 2008. Using an estimated price of £92,926 means this house is valued at £3,503 per sq meter (£325 per sq foot).
The average size of a house on MORFA GARDENS is 56 sq meters (609 sq feet).
This house is the smallest in the street with a floor area of 26 sq meters (285 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |