£105,406
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Brightmere Road
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| Price Paid | Date |
|---|---|
| £80,000 | 18 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £80,000 results in an estimated price of approximately £105,406.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £80,000 | £25,406 | £105,406 |
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 | 23.372 % | £18,697 | £98,697 |
| 3 Month Average | 40.411 % | £32,328 | £112,328 |
| 6 Month Average | 30.407 % | £24,325 | £104,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £178,645 | £176,000 | 75 HEWITT AVENUE |
| 8 Sep 2023 | £125,606 | £124,000 | 26 HEWITT AVENUE |
| 7 Jul 2023 | £202,678 | £199,950 | 38 BRIGHTMERE ROAD |
| 9 Jun 2023 | £101,226 | £100,000 | 9 BRIGHTMERE ROAD |
| 3 Feb 2023 | £186,874 | £187,000 | 74 FOWLER ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Apr 2016. Using an estimated price of £105,406 means this house is valued at £1,621 per sq meter (£150 per sq foot).
The average size of a house on BRIGHTMERE ROAD is 81 sq meters (880 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Brightmere Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hewitt Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hewitt Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hewitt Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hewitt Avenue |