£218,425
This estimated value is based upon the latest sale price for the house of £177,500 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £177,500 | 2 Aug 2019 |
| £165,000 | 27 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £177,500 results in an estimated price of approximately £218,425.
| 2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £177,500 | £40,925 | £218,425 |
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 | 7.891 % | £14,006 | £191,506 |
| 3 Month Average | 15.346 % | £27,239 | £204,739 |
| 6 Month Average | 15.476 % | £27,470 | £204,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £395,321 | £390,000 | 23 BEAUMONT CRESCENT |
| 27 Apr 2023 | £240,085 | £237,500 | 24 PAXTON ROAD |
| 14 Apr 2023 | £187,014 | £185,000 | 34 BEAUMONT CRESCENT |
| 30 Mar 2023 | £232,188 | £230,000 | 21 PAXTON ROAD |
| 10 Feb 2023 | £219,852 | £220,000 | 20 LAMMAS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Apr 2018. Using an estimated price of £218,425 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on PAXTON ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paxton Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Paxton Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paxton Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paxton Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paxton Road |