£281,950
This estimated value is based upon the latest sale price for the house of £224,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £224,000 | 2 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £224,000 results in an estimated price of approximately £281,950.
| 2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £224,000 | £57,950 | £281,950 |
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 | 17.424 % | £39,029 | £263,029 |
| 3 Month Average | 21.922 % | £49,106 | £273,106 |
| 6 Month Average | 23.272 % | £52,130 | £276,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £242,102 | £240,000 | 123 ADDISON ROAD |
| 12 Dec 2023 | £328,081 | £318,000 | 146 ADDISON ROAD |
| 8 Dec 2023 | £257,926 | £250,000 | 118 ADDISON ROAD |
| 17 Nov 2023 | £180,584 | £176,000 | 12 THURLESTONE ROAD |
| 23 Aug 2023 | £193,490 | £190,000 | 144 ADDISON ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 30 Sep 2016. Using an estimated price of £281,951 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on KERESLEY ROAD is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Keresley Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keresley Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keresley Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Kipling Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kipling Road |