£186,835
This estimated value is based upon the latest sale price for the house of £147,995 on 26 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£147,995 | 26 Mar 2018 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £147,995 results in an estimated price of approximately £186,835.
26 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £147,995 | £38,840 | £186,835 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 30.894 % | £45,721 | £193,716 |
3 Month Average | 18.395 % | £27,223 | £175,218 |
6 Month Average | 26.715 % | £39,537 | £187,532 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £224,041 | £220,000 | 18 SUNDEW STREET |
14 Apr 2023 | £26,496 | £26,000 | 11 BINSWOOD CLOSE |
25 Feb 2022 | £176,957 | £167,500 | 59 BINSWOOD CLOSE |
5 Jan 2022 | £175,039 | £165,100 | 2 CELANDINE ROAD |
2 Jul 2021 | £137,775 | £119,000 | 1 SUNDEW STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Feb 2018. Using an estimated price of £186,836 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on COMMUNITY CLOSE is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Spirit Walk | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Spirit Walk |
Jul 2024 | Anti-social behaviour | On or near Spirit Walk | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Spirit Walk |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spirit Walk |