£132,835
This estimated value is based upon the latest sale price for the house of £106,000 on 8 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 8 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £106,000 results in an estimated price of approximately £132,835.
| 8 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £106,000 | £26,835 | £132,835 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 16.751 % | £17,755 | £123,755 |
| 3 Month Average | 2.537 % | £2,689 | £108,689 |
| 6 Month Average | 14.597 % | £15,472 | £121,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £89,939 | £90,000 | 68 VALLEY ROAD |
| 30 Jun 2022 | £253,584 | £250,000 | 53 CARROLL CRESCENT |
| 24 Jun 2022 | £203,881 | £201,000 | 12 CARROLL CRESCENT |
| 7 Mar 2022 | £199,999 | £193,000 | 14 CARROLL CRESCENT |
| 27 Nov 2020 | £220,277 | £190,000 | 31 COMMON WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Jan 2018. Using an estimated price of £132,836 means this house is valued at £1,681 per sq meter (£156 per sq foot).
The average size of a house on COMMON WAY is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Common Way | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Common Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Common Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ox Close |