£111,078
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 25 Apr 2008 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,230 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 April 2008 the House Price Index for WEST MIDLANDS was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £70,000 results in an estimated price of approximately £111,078.
25 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £70,000 | £41,078 | £111,078 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 99.994 % | £69,995 | £139,995 |
3 Month Average | 59.093 % | £41,365 | £111,365 |
6 Month Average | 58.920 % | £41,244 | £111,244 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £182,331 | £180,000 | 21 MERIDEN ROAD |
22 Sep 2023 | £193,221 | £190,750 | 11 RENTON GROVE |
30 Aug 2023 | £171,500 | £170,000 | 13 RENTON GROVE |
17 Mar 2023 | £121,700 | £120,553 | 66 ELMDON ROAD |
2 Mar 2023 | £224,111 | £222,000 | 36 ELMDON ROAD |
This house has a floor area of 114 sq meters or 1,230 sq feet when measured on 1 Jul 2009. Using an estimated price of £111,079 means this house is valued at £971 per sq meter (£90 per sq foot).
The average size of a house on MERIDEN ROAD is 106 sq meters (1,145 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Meriden Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meriden Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meriden Road |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Meriden Road |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Meriden Road |