£148,814
This estimated value is based upon the latest sale price for the house of £110,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 27 May 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £110,000 results in an estimated price of approximately £148,814.
27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £110,000 | £38,814 | £148,814 |
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 | 39.732 % | £43,705 | £153,705 |
3 Month Average | 35.043 % | £38,547 | £148,547 |
6 Month Average | 39.771 % | £43,748 | £153,748 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £186,621 | £185,000 | 14 FRISWELL DRIVE |
15 Dec 2023 | £144,438 | £140,000 | 107 ELKINGTON STREET |
17 Nov 2023 | £147,703 | £143,954 | 37 SPRING ROAD |
31 Oct 2023 | £260,926 | £255,000 | 5 SPRING ROAD |
30 Mar 2023 | £205,431 | £202,000 | 3 AUTUMN CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 27 Jan 2016. Using an estimated price of £148,814 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on SPRING ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Traimor Close |
May 2024 | Bicycle theft | Unable to prosecute suspect | On or near Traimor Close |
Apr 2024 | Anti-social behaviour | On or near Traimor Close | |
Apr 2024 | Anti-social behaviour | On or near Traimor Close |