£105,086
This estimated value is based upon the latest sale price for the house of £72,000 on 19 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cross Road
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| Price Paid | Date |
|---|---|
| £72,000 | 19 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £72,000 results in an estimated price of approximately £105,086.
| 19 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £72,000 | £33,086 | £105,086 |
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 | 42.847 % | £30,849 | £102,849 |
| 3 Month Average | 52.608 % | £37,877 | £109,877 |
| 6 Month Average | 52.602 % | £37,873 | £109,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £106,360 | £105,000 | 76 ELD ROAD |
| 8 Jul 2022 | £155,418 | £155,000 | 193 CROSS ROAD |
| 6 May 2022 | £137,593 | £135,000 | 93 PRINCESS STREET |
| 13 Jan 2022 | £102,610 | £97,500 | 65 PRINCESS STREET |
| 5 Nov 2021 | £129,782 | £120,000 | 174 CROSS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Jan 2013. Using an estimated price of £105,087 means this house is valued at £1,297 per sq meter (£120 per sq foot).
The average size of a house on CROSS ROAD is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cross Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cross Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Cross Road |