£202,447
This estimated value is based upon the latest sale price for the house of £132,500 on 10 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£132,500 | 10 Jul 2014 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £132,500 results in an estimated price of approximately £202,447.
10 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £132,500 | £69,947 | £202,447 |
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 | 36.410 % | £48,243 | £180,743 |
3 Month Average | 61.728 % | £81,789 | £214,289 |
6 Month Average | 64.316 % | £85,219 | £217,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £250,000 | £250,000 | 19 DUNCROFT AVENUE |
21 Nov 2023 | £266,445 | £262,500 | 12 DUNCROFT AVENUE |
25 Jul 2023 | £278,752 | £275,000 | 1 DRUMMOND CLOSE |
22 Jun 2022 | £289,085 | £285,000 | 4 DRUMMOND CLOSE |
20 Apr 2022 | £335,715 | £326,000 | 143 NORMAN PLACE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Aug 2013. Using an estimated price of £202,447 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on DRUMMOND CLOSE is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Drummond Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Drummond Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drummond Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drummond Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Place Road |