£259,354
This estimated value is based upon the latest sale price for the house of £170,010 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,010 | 12 Aug 2014 |
| £125,000 | 5 Dec 2003 |
| 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £170,010 results in an estimated price of approximately £259,354.
| 12 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £170,010 | £89,344 | £259,354 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 65.495 % | £111,348 | £281,358 |
| 3 Month Average | 59.290 % | £100,798 | £270,808 |
| 6 Month Average | 49.445 % | £84,061 | £254,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £76,691 | £75,000 | 18 FALCON AVENUE |
| 15 Sep 2023 | £250,523 | £245,000 | 2 IBEX CLOSE |
| 31 Aug 2023 | £190,435 | £187,000 | 7 FALCON AVENUE |
| 9 Jun 2023 | £175,517 | £172,000 | 2 INCA CLOSE |
| 26 Jul 2022 | £381,826 | £378,000 | 10 DEERDALE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kestrel Croft |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Cypress Croft |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stirling Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Stirling Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stirling Close |