£151,204
This estimated value is based upon the latest sale price for the house of £122,700 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,700 | 5 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £122,700 results in an estimated price of approximately £151,204.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £122,700 | £28,504 | £151,204 |
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 | 17.888 % | £21,948 | £144,648 |
| 3 Month Average | 21.674 % | £26,593 | £149,293 |
| 6 Month Average | 23.322 % | £28,615 | £151,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £105,927 | £105,000 | 24 RANSOM ROAD |
| 30 Sep 2022 | £189,470 | £191,000 | 48 CHURCHILL AVENUE |
| 11 Mar 2022 | £88,082 | £85,000 | 15 MAY STREET |
| 15 Nov 2021 | £130,863 | £121,000 | 71 RANSOM ROAD |
| 13 Oct 2021 | £702,614 | £635,000 | 2 QUEEN MARYS ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Nov 2017. Using an estimated price of £151,204 means this house is valued at £2,100 per sq meter (£195 per sq foot).
The average size of a house on RANSOM ROAD is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near May Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near May Street |