£129,857
This estimated value is based upon the latest sale price for the house of £76,000 on 7 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £76,000 | 7 Jun 2012 |
| £75,750 | 5 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 705 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 June 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £76,000 results in an estimated price of approximately £129,857.
| 7 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £76,000 | £53,857 | £129,857 |
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 | 67.876 % | £51,585 | £127,585 |
| 3 Month Average | 85.325 % | £64,846 | £140,846 |
| 6 Month Average | 88.222 % | £67,048 | £143,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £118,646 | £115,000 | 112 OLIVER STREET |
| 20 Nov 2023 | £153,907 | £150,000 | 93 HAMPTON ROAD |
| 22 Aug 2023 | £174,650 | £171,500 | 38 HAMPTON ROAD |
| 6 May 2022 | £123,210 | £120,000 | 89 FREEMAN STREET |
| 26 Nov 2021 | £139,459 | £128,000 | 127 OLIVER STREET |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 28 Dec 2011. Using an estimated price of £129,857 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on OLIVER STREET is 75 sq meters (807 sq feet).