£79,293
This estimated value is based upon the latest sale price for the house of £16,500 on 6 Feb 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £16,500 | 6 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 February 1998 the House Price Index for WEST MIDLANDS was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £16,500 results in an estimated price of approximately £79,293.
| 6 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £16,500 | £62,793 | £79,293 |
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 | 355.104 % | £58,592 | £75,092 |
| 3 Month Average | 408.152 % | £67,345 | £83,845 |
| 6 Month Average | 412.106 % | £67,997 | £84,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £105,927 | £105,000 | 24 RANSOM ROAD |
| 11 Mar 2022 | £88,082 | £85,000 | 15 MAY STREET |
| 20 Jan 2022 | £119,975 | £114,000 | 97 BLACKWELL ROAD |
| 14 Dec 2021 | £267,844 | £250,000 | 19A MANSEL STREET |
| 15 Nov 2021 | £130,863 | £121,000 | 71 RANSOM ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Oct 2018. Using an estimated price of £79,293 means this house is valued at £1,367 per sq meter (£127 per sq foot).
The average size of a house on MAY STREET is 82 sq meters (892 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near May Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Feb 2024 | Drugs | Local resolution | On or near May Street |