£102,465
This estimated value is based upon the latest sale price for the house of £60,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 25 Jan 2013 |
| £21,000 | 24 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £60,000 results in an estimated price of approximately £102,465.
| 25 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £60,000 | £42,465 | £102,465 |
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 | 72.185 % | £43,311 | £103,311 |
| 3 Month Average | 71.421 % | £42,852 | £102,852 |
| 6 Month Average | 75.622 % | £45,373 | £105,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £125,841 | £125,000 | 36 VICTORY ROAD |
| 25 Jul 2022 | £146,468 | £145,000 | 17 KITCHENER ROAD |
| 29 Oct 2021 | £228,507 | £205,000 | 57 VICTORY ROAD |
| 11 Aug 2021 | £118,007 | £105,000 | 42 VICTORY ROAD |
| 27 Feb 2020 | £203,370 | £165,000 | 63 VICTORY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Sep 2014. Using an estimated price of £102,466 means this house is valued at £1,506 per sq meter (£139 per sq foot).
The average size of a house on VICTORY ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Road |
| Jun 2024 | Anti-social behaviour | On or near Victory Road | |
| Jun 2024 | Anti-social behaviour | On or near Victory Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Churchill Avenue |