£215,017
This estimated value is based upon the latest sale price for the house of £135,500 on 21 Apr 2008. 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 David Road
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| Price Paid | Date |
|---|---|
| £135,500 | 21 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 £135,500 results in an estimated price of approximately £215,017.
| 21 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £135,500 | £79,517 | £215,017 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 198.721 % | £269,267 | £404,767 |
| 3 Month Average | 73.897 % | £100,129 | £235,629 |
| 6 Month Average | 55.669 % | £75,431 | £210,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £108,608 | £107,000 | 2 ARDEA COURT DAVID ROAD |
| 12 Oct 2022 | £237,443 | £240,000 | 53 MONKS ROAD |
| 12 Oct 2022 | £237,443 | £240,000 | 16 DAVID ROAD |
| 12 Oct 2022 | £296,804 | £300,000 | 1 MONKS ROAD |
| 13 Apr 2022 | £195,662 | £190,000 | 27 MONKS ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Dec 2018. Using an estimated price of £215,017 means this house is valued at £3,524 per sq meter (£327 per sq foot).
The average size of a house on DAVID ROAD is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near David Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near David Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near David Road |
| Mar 2024 | Drugs | Under investigation | On or near David Road |
| Feb 2024 | Burglary | Under investigation | On or near David Road |