£82,318
This estimated value is based upon the latest sale price for the house of £22,250 on 24 Aug 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £22,250 | 24 Aug 2000 |
| 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 August 2000 the House Price Index for WEST MIDLANDS was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £22,250 results in an estimated price of approximately £82,318.
| 24 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £22,250 | £60,068 | £82,318 |
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 | 231.424 % | £51,491 | £73,741 |
| 3 Month Average | 274.013 % | £60,967 | £83,217 |
| 6 Month Average | 282.932 % | £62,952 | £85,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £147,992 | £146,000 | 22 NORTHEY ROAD |
| 9 Jan 2023 | £104,508 | £105,000 | 98 STATION STREET WEST |
| 25 Aug 2022 | £154,584 | £155,000 | 218 LOCKHURST LANE |
| 5 Aug 2022 | £194,477 | £195,000 | 4 PENNINGTON WAY |
| 21 Apr 2022 | £176,611 | £171,500 | 254 LOCKHURST LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northey Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Northey Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northey Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Northey Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northey Road |