£290,915
This estimated value is based upon the latest sale price for the house of £287,000 on 13 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £287,000 | 13 Jul 2023 |
| £173,000 | 28 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £287,000 results in an estimated price of approximately £290,915.
| 13 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £287,000 | £3,915 | £290,915 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -25.476 % | £-73,115 | £213,884 |
| 3 Month Average | -12.200 % | £-35,014 | £251,985 |
| 6 Month Average | -3.626 % | £-10,405 | £276,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £290,915 | £287,000 | 66 DRUID ROAD |
| 12 Jul 2023 | £157,115 | £155,000 | 31 ENFIELD ROAD |
| 3 Apr 2023 | £156,687 | £155,000 | 28 ENFIELD ROAD |
| 3 Feb 2023 | £244,835 | £245,000 | 31 HOLMFIELD ROAD |
| 14 Jun 2022 | £186,638 | £184,000 | 6 HOLMFIELD ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 5 Nov 2010. Using an estimated price of £290,915 means this house is valued at £2,769 per sq meter (£257 per sq foot).
The average size of a house on DRUID ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Druid Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Holmfield Road |
| Feb 2024 | Robbery | Under investigation | On or near Holmfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holmfield Road |
| Feb 2024 | Burglary | Under investigation | On or near Holmfield Road |