£319,385
This estimated value is based upon the latest sale price for the house of £200,000 on 4 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 4 May 2007 |
| Terraced |
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 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £200,000 results in an estimated price of approximately £319,385.
| 4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £200,000 | £119,385 | £319,385 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 245.483 % | £490,966 | £690,966 |
| 3 Month Average | 69.342 % | £138,684 | £338,684 |
| 6 Month Average | 51.933 % | £103,866 | £303,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £314,229 | £310,000 | 16 GLOUCESTER STREET |
| 7 Jul 2023 | £101,364 | £100,000 | FLAT 1 COMPASS COURT NORFOLK STREET |
| 31 Mar 2023 | £95,904 | £95,000 | 2 MEADOW STREET |
| 23 Jan 2023 | £139,344 | £140,000 | FLAT 3 COMPASS COURT NORFOLK STREET |
| 14 Oct 2022 | £69,254 | £70,000 | FLAT 18 COMPASS COURT NORFOLK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Barras Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barras Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barras Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barras Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barras Lane |