£63,428
This estimated value is based upon the latest sale price for the house of £37,500 on 21 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £37,500 | 21 Dec 2012 |
| £34,000 | 8 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £37,500 results in an estimated price of approximately £63,428.
| 21 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £37,500 | £25,928 | £63,428 |
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 | 60.227 % | £22,585 | £60,085 |
| 3 Month Average | 73.130 % | £27,423 | £64,923 |
| 6 Month Average | 73.716 % | £27,643 | £65,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £207,514 | £205,000 | 215 SADLER ROAD |
| 9 Jan 2023 | £199,560 | £200,500 | 84 STEVENSON ROAD |
| 14 Jul 2022 | £163,440 | £163,000 | 13 STEVENSON ROAD |
| 18 Feb 2022 | £181,948 | £173,500 | 71 STEVENSON ROAD |
| 22 Nov 2021 | £178,450 | £165,000 | 15 STEVENSON ROAD |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 4 Jun 2019. Using an estimated price of £63,429 means this house is valued at £2,046 per sq meter (£190 per sq foot).
The average size of a house on BOWNESS CLOSE is 47 sq meters (515 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bowness Close | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bowness Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Close |
| Apr 2024 | Public order | Under investigation | On or near Bowness Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Close |