£326,542
This estimated value is based upon the latest sale price for the house of £265,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 May 2020 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £265,000 results in an estimated price of approximately £326,542.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £265,000 | £61,542 | £326,542 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 32.083 % | £85,019 | £350,019 |
| 3 Month Average | 45.559 % | £120,731 | £385,731 |
| 6 Month Average | 38.159 % | £101,122 | £366,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £74,341 | £73,000 | 20 CENTRAL DRIVE |
| 14 Aug 2023 | £312,639 | £307,000 | 19 BARRATTS CROFT |
| 10 Feb 2023 | £206,379 | £205,000 | 7 CENTRAL DRIVE |
| 15 Nov 2022 | £164,232 | £165,000 | 6 COOPERS BANK ROAD |
| 26 Oct 2022 | £121,594 | £122,000 | 116 CENTRAL DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Mar 2018. Using an estimated price of £326,542 means this house is valued at £3,934 per sq meter (£365 per sq foot).
The average size of a house on COOPERS BANK ROAD is 128 sq meters (1,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Barrow Hill Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorn Grove |
| Jul 2024 | Other crime | Under investigation | On or near Coopers Bank Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Central Drive |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Central Drive |