£143,887
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Aug 2020 |
| £51,000 | 29 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £120,000 results in an estimated price of approximately £143,887.
| 27 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £120,000 | £23,887 | £143,887 |
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 | -41.420 % | £-49,704 | £70,295 |
| 3 Month Average | 16.380 % | £19,656 | £139,656 |
| 6 Month Average | 16.775 % | £20,130 | £140,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £216,897 | £215,000 | 247 BEAKE AVENUE |
| 7 Jul 2023 | £103,392 | £102,000 | 85 BRUCE ROAD |
| 17 Mar 2023 | £186,760 | £185,000 | 3 BORROWDALE CLOSE |
| 13 Mar 2023 | £166,569 | £165,000 | 242 SADLER ROAD |
| 10 Mar 2023 | £237,235 | £235,000 | 378 BURNABY ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Feb 2020. Using an estimated price of £143,888 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on BORROWDALE CLOSE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borrowdale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beake Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beake Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beake Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Close |