£239,201
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Oct 2022 |
| £59,000 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £240,000 results in an estimated price of approximately £239,201.
| 12 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £240,000 | £-798 | £239,201 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | -39.664 % | £-95,192 | £144,807 |
| 3 Month Average | -26.233 % | £-62,960 | £177,039 |
| 6 Month Average | -16.290 % | £-39,095 | £200,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2022 | £239,201 | £240,000 | 7 CARMELITE ROAD |
| 12 Oct 2022 | £239,201 | £240,000 | 11 CARMELITE ROAD |
| 12 Oct 2022 | £239,201 | £240,000 | 9 CARMELITE ROAD |
| 12 Oct 2022 | £239,201 | £240,000 | 13 CARMELITE ROAD |
| 12 Oct 2022 | £239,201 | £240,000 | 53 MONKS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Mar 2019. Using an estimated price of £239,201 means this house is valued at £2,718 per sq meter (£252 per sq foot).
The average size of a house on CARMELITE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Carmelite Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carmelite Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Carmelite Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Carmelite Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carmelite Road |