£271,427
This estimated value is based upon the latest sale price for the house of £47,500 on 12 Jan 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£47,500 | 12 Jan 1996 |
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 January 1996 the House Price Index for WEST MIDLANDS was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £47,500 results in an estimated price of approximately £271,427.
12 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 149.7 | 471.427 % | £47,500 | £223,927 | £271,427 |
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 | 579.937 % | £275,470 | £322,970 |
3 Month Average | 489.894 % | £232,699 | £280,199 |
6 Month Average | 478.985 % | £227,518 | £275,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £165,072 | £160,000 | 128 ROTHERHAM ROAD |
8 Dec 2023 | £196,023 | £190,000 | 192 ROTHERHAM ROAD |
8 Dec 2023 | £193,444 | £187,500 | 7 ROMFORD ROAD |
5 Sep 2023 | £197,350 | £193,000 | 16 MORLAND ROAD |
12 Jan 2023 | £185,496 | £185,000 | 11 MORLAND ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jul 2016. Using an estimated price of £271,428 means this house is valued at £3,231 per sq meter (£300 per sq foot).
The average size of a house on MORLAND ROAD is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Morland Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morland Road |
Jul 2024 | Anti-social behaviour | On or near Blenheim Avenue | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Blenheim Avenue |