£191,601
This estimated value is based upon the latest sale price for the house of £155,000 on 1 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 1 May 2019 |
| £125,000 | 5 Oct 2007 |
| £62,000 | 13 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £155,000 results in an estimated price of approximately £191,601.
| 1 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £155,000 | £36,601 | £191,601 |
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 | 9.924 % | £15,382 | £170,382 |
| 3 Month Average | 19.879 % | £30,812 | £185,812 |
| 6 Month Average | 14.057 % | £21,787 | £176,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £209,681 | £207,000 | 26 DICKENS ROAD |
| 24 Mar 2023 | £285,692 | £283,000 | 53 WALLACE ROAD |
| 9 Jan 2023 | £199,560 | £200,500 | 84 STEVENSON ROAD |
| 14 Jul 2022 | £163,440 | £163,000 | 13 STEVENSON ROAD |
| 17 Mar 2022 | £271,501 | £262,000 | 48 WALLACE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Feb 2019. Using an estimated price of £191,601 means this house is valued at £3,421 per sq meter (£317 per sq foot).
The average size of a house on STEVENSON ROAD is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Stevenson Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Stevenson Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stevenson Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Apr 2024 | Burglary | Under investigation | On or near Wallace Road |