£173,732
This estimated value is based upon the latest sale price for the house of £139,950 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£139,950 | 22 Nov 2018 |
£95,200 | 21 May 2011 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £139,950 results in an estimated price of approximately £173,732.
22 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £139,950 | £33,782 | £173,732 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -15.902 % | £-22,255 | £117,694 |
3 Month Average | 5.811 % | £8,132 | £148,082 |
6 Month Average | 8.978 % | £12,564 | £152,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £131,542 | £127,500 | 21 NICKSON ROAD |
10 Oct 2023 | £188,276 | £184,000 | 5 PORTER CLOSE |
21 Jun 2023 | £164,292 | £161,000 | 57 RIDGLEY ROAD |
20 Mar 2023 | £81,359 | £80,000 | 145 PLANTS HILL CRESCENT |
26 Jan 2023 | £250,670 | £250,000 | 34 RIDGLEY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Sep 2009. Using an estimated price of £173,732 means this house is valued at £1,523 per sq meter (£141 per sq foot).
The average size of a house on PORTER CLOSE is 129 sq meters (1,391 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porter Close |
Sep 2024 | Other crime | Action to be taken by another organisation | On or near Porter Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porter Close |
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Porter Close |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Porter Close |