£162,129
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£150,000 | 9 Jun 2021 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £150,000 results in an estimated price of approximately £162,129.
9 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £150,000 | £12,129 | £162,129 |
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 | 1.659 % | £2,488 | £152,488 |
3 Month Average | 6.844 % | £10,265 | £160,265 |
6 Month Average | 10.752 % | £16,127 | £166,127 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £124,000 | £124,000 | 68A ELD ROAD |
8 Jul 2022 | £156,569 | £155,000 | 193 CROSS ROAD |
5 Nov 2021 | £130,742 | £120,000 | 174 CROSS ROAD |
1 Sep 2021 | £146,552 | £135,000 | 184 CROSS ROAD |
9 Jun 2021 | £162,130 | £150,000 | 204 CROSS ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Nov 2013. Using an estimated price of £162,130 means this house is valued at £1,671 per sq meter (£155 per sq foot).
The average size of a house on CROSS ROAD is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Cross Road |
Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cross Road |
Jul 2024 | Other theft | Under investigation | On or near Cross Road |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Cross Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |