£73,854
This estimated value is based upon the latest sale price for the house of £40,000 on 27 Feb 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 27 Feb 2009 |
| £55,000 | 5 Feb 2004 |
| £25,000 | 20 Nov 2001 |
| £10,640 | 3 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 February 2009 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £40,000 results in an estimated price of approximately £73,854.
| 27 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.636 % | £40,000 | £33,854 | £73,854 |
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 | 92.882 % | £37,152 | £77,152 |
| 3 Month Average | 81.961 % | £32,784 | £72,784 |
| 6 Month Average | 75.510 % | £30,204 | £70,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £207,514 | £205,000 | 215 SADLER ROAD |
| 9 Jan 2023 | £199,560 | £200,500 | 84 STEVENSON ROAD |
| 14 Jul 2022 | £163,440 | £163,000 | 13 STEVENSON ROAD |
| 18 Feb 2022 | £181,948 | £173,500 | 71 STEVENSON ROAD |
| 22 Nov 2021 | £178,450 | £165,000 | 15 STEVENSON ROAD |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 2 Nov 2018. Using an estimated price of £73,854 means this house is valued at £2,238 per sq meter (£207 per sq foot).
The average size of a house on BOWNESS CLOSE is 47 sq meters (515 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bowness Close | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bowness Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Close |
| Apr 2024 | Public order | Under investigation | On or near Bowness Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Close |