£200,475
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Oct 2005. 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 | 6 Oct 2005 |
| £66,000 | 30 Jul 2004 |
| Terraced |
| Freehold |
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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £110,000 results in an estimated price of approximately £200,475.
| 6 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £110,000 | £90,475 | £200,475 |
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 | 52.979 % | £58,276 | £168,276 |
| 3 Month Average | 70.946 % | £78,040 | £188,040 |
| 6 Month Average | 70.943 % | £78,037 | £188,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £162,183 | £160,000 | 3 DRAKE STREET |
| 9 Jun 2023 | £146,778 | £145,000 | 60 LOCKHURST LANE |
| 4 Apr 2022 | £141,082 | £137,000 | APARTMENT 7 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
| 4 Apr 2022 | £137,993 | £134,000 | APARTMENT 2 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
| 31 Mar 2022 | £139,895 | £135,000 | APARTMENT 4 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Gressingham Grove |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gressingham Grove |
| Apr 2024 | Other crime | Under investigation | On or near Gressingham Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gressingham Grove |
| Apr 2024 | Possession of weapons | Under investigation | On or near Gressingham Grove |