£225,565
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Nov 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Nov 2008 |
| £89,000 | 3 Jul 2002 |
| Semi-Detached |
| Freehold |
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 November 2008 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £125,000 results in an estimated price of approximately £225,565.
| 12 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £125,000 | £100,565 | £225,565 |
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 | 55.963 % | £69,953 | £194,953 |
| 3 Month Average | 68.039 % | £85,048 | £210,048 |
| 6 Month Average | 65.475 % | £81,843 | £206,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £242,450 | £235,000 | 122 MOSELEY AVENUE |
| 13 Oct 2023 | £245,578 | £240,000 | 115 MOSELEY AVENUE |
| 7 Aug 2023 | £178,214 | £175,000 | 46 LOUDON AVENUE |
| 10 Feb 2023 | £251,681 | £250,000 | 39 LOUDON AVENUE |
| 21 Feb 2022 | £232,421 | £220,000 | 45 LOUDON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Possession of weapons | Under investigation | On or near Leofric Street |
| May 2024 | Drugs | Under investigation | On or near Leofric Street |
| May 2024 | Drugs | Under investigation | On or near Leofric Street |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Banks Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Banks Road |