£133,216
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Apr 2015. 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 Darvel Road
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| Price Paid | Date |
|---|---|
| £90,000 | 14 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £90,000 results in an estimated price of approximately £133,216.
| 14 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £90,000 | £43,216 | £133,216 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 54.511 % | £49,059 | £139,059 |
| 3 Month Average | 38.914 % | £35,022 | £125,022 |
| 6 Month Average | 45.671 % | £41,103 | £131,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £239,355 | £232,000 | 3 BINBROOK ROAD |
| 17 Oct 2023 | £211,811 | £207,000 | 24 CULMORE CLOSE |
| 26 Jun 2023 | £210,213 | £206,000 | 11A BINBROOK ROAD |
| 23 Jun 2023 | £229,601 | £225,000 | 23 CULMORE CLOSE |
| 28 Mar 2023 | £162,717 | £160,000 | 277 STROUD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Dec 2014. Using an estimated price of £133,216 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on BINBROOK ROAD is 102 sq meters (1,098 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Darvel Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Darvel Road |
| May 2024 | Robbery | Under investigation | On or near Binbrook Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Binbrook Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Culmore Close |