£178,330
This estimated value is based upon the latest sale price for the house of £49,000 on 10 Nov 2000. 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 Sovereign Road
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Price Paid | Date |
---|---|
£49,000 | 10 Nov 2000 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 836 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 November 2000 the House Price Index for WEST MIDLANDS was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £49,000 results in an estimated price of approximately £178,330.
10 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.8 | 148.6 | 263.941 % | £49,000 | £129,330 | £178,330 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 234.380 % | £114,846 | £163,846 |
3 Month Average | 203.069 % | £99,503 | £148,503 |
6 Month Average | 226.459 % | £110,964 | £159,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £182,456 | £180,000 | 190 SOVEREIGN ROAD |
27 Jun 2023 | £192,330 | £190,000 | 199 SOVEREIGN ROAD |
6 Jan 2023 | £166,715 | £167,500 | 218 SOVEREIGN ROAD |
28 Nov 2022 | £182,786 | £185,000 | 101 KINGSTON ROAD |
1 Jul 2022 | £200,539 | £199,999 | 219 SOVEREIGN ROAD |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 27 May 2009. Using an estimated price of £178,331 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on KINGSTON ROAD is 72 sq meters (784 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Road |
Feb 2024 | Anti-social behaviour | On or near Sovereign Road | |
Feb 2024 | Burglary | Under investigation | On or near Sovereign Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sovereign Road |