£184,873
This estimated value is based upon the latest sale price for the house of £32,500 on 7 Sep 1995. 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 Sovereign Road
More crime details
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Price Paid | Date |
---|---|
£32,500 | 7 Sep 1995 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 September 1995 the House Price Index for WEST MIDLANDS was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.842%.Applying this 468.842% change to the original purchase price of £32,500 results in an estimated price of approximately £184,873.
7 Sep 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 148.6 | 468.842 % | £32,500 | £152,373 | £184,873 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 392.206 % | £127,466 | £159,966 |
3 Month Average | 333.829 % | £108,494 | £140,994 |
6 Month Average | 383.993 % | £124,797 | £157,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £182,456 | £180,000 | 190 SOVEREIGN ROAD |
27 Jun 2023 | £192,330 | £190,000 | 199 SOVEREIGN ROAD |
6 Jan 2023 | £166,715 | £167,500 | 218 SOVEREIGN ROAD |
28 Nov 2022 | £182,786 | £185,000 | 101 KINGSTON ROAD |
1 Jul 2022 | £200,539 | £199,999 | 219 SOVEREIGN ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Apr 2013. Using an estimated price of £184,874 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on KINGSTON ROAD is 72 sq meters (784 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sovereign Road |
Feb 2024 | Anti-social behaviour | On or near Sovereign Road | |
Feb 2024 | Anti-social behaviour | On or near Sovereign Road |