£140,698
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£100,000 | 30 Oct 2015 |
£60,000 | 16 Feb 2007 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £100,000 results in an estimated price of approximately £140,698.
30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £100,000 | £40,698 | £140,698 |
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 | 31.376 % | £31,375 | £131,375 |
3 Month Average | 46.768 % | £46,768 | £146,768 |
6 Month Average | 48.502 % | £48,502 | £148,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £124,916 | £125,000 | 36 VICTORY ROAD |
30 Sep 2022 | £189,470 | £191,000 | 48 CHURCHILL AVENUE |
25 Jul 2022 | £145,391 | £145,000 | 17 KITCHENER ROAD |
29 Oct 2021 | £226,828 | £205,000 | 57 VICTORY ROAD |
11 Aug 2021 | £117,140 | £105,000 | 42 VICTORY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Dec 2014. Using an estimated price of £140,699 means this house is valued at £2,039 per sq meter (£189 per sq foot).
The average size of a house on KITCHENER ROAD is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Kitchener Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kitchener Road |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kitchener Road |
Apr 2024 | Anti-social behaviour | On or near Churchill Avenue | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Avenue |