£235,125
This estimated value is based upon the latest sale price for the house of £177,000 on 30 Sep 2016. 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 Leofric Street
More crime details
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| Price Paid | Date |
|---|---|
| £177,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £177,000 results in an estimated price of approximately £235,125.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £177,000 | £58,125 | £235,125 |
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 | 35.154 % | £62,222 | £239,222 |
| 3 Month Average | 37.078 % | £65,628 | £242,628 |
| 6 Month Average | 30.067 % | £53,217 | £230,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £176,544 | £175,000 | 46 LOUDON AVENUE |
| 6 Jul 2023 | £187,524 | £185,000 | 71 BANKS ROAD |
| 10 Feb 2023 | £249,832 | £250,000 | 39 LOUDON AVENUE |
| 30 Aug 2022 | £244,342 | £245,000 | 75 BANKS ROAD |
| 15 Aug 2022 | £219,409 | £220,000 | 72 BANKS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Apr 2016. Using an estimated price of £235,125 means this house is valued at £2,702 per sq meter (£251 per sq foot).
The average size of a house on LOUDON AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Leofric Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leofric Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Banks Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Banks Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Banks Road |