£292,795
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 26 Jun 2020 |
| £200,000 | 11 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £240,000 results in an estimated price of approximately £292,795.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £240,000 | £52,795 | £292,795 |
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 | -19.230 % | £-46,151 | £193,848 |
| 3 Month Average | 13.968 % | £33,523 | £273,523 |
| 6 Month Average | 23.494 % | £56,385 | £296,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £239,069 | £233,000 | 61 ADDISON ROAD |
| 27 Feb 2023 | £221,479 | £220,000 | 20 THE SCOTCHILL |
| 26 Aug 2022 | £231,081 | £230,000 | 12 ADDISON ROAD |
| 4 Feb 2022 | £291,582 | £276,000 | 186 KERESLEY ROAD |
| 30 Sep 2021 | £294,189 | £271,000 | 63 ADDISON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Mar 2018. Using an estimated price of £292,795 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on ADDISON ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Road |
| Jun 2024 | Anti-social behaviour | On or near B4098 | |
| Jun 2024 | Anti-social behaviour | On or near B4098 | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4098 |