£142,576
This estimated value is based upon the latest sale price for the house of £65,000 on 17 Dec 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 17 Dec 2003 |
| £22,000 | 5 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2003 the House Price Index for WEST MIDLANDS was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £65,000 results in an estimated price of approximately £142,576.
| 17 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £65,000 | £77,576 | £142,576 |
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 | 101.167 % | £65,758 | £130,758 |
| 3 Month Average | 120.601 % | £78,390 | £143,390 |
| 6 Month Average | 119.175 % | £77,463 | £142,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £161,402 | £160,000 | 143 MEADOW ROAD |
| 20 Dec 2023 | £134,121 | £130,000 | 137 MEADOW ROAD |
| 18 Sep 2023 | £208,598 | £204,000 | 7 GOSPEL OAK ROAD |
| 8 Aug 2023 | £198,582 | £195,000 | 4 BIRKDALE CLOSE |
| 29 Jun 2023 | £229,601 | £225,000 | 21 BIRKDALE CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Mar 2019. Using an estimated price of £142,577 means this house is valued at £2,036 per sq meter (£189 per sq foot).
The average size of a house on MEADOW ROAD is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgerow Walk |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Hedgerow Walk |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Birkdale Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Sep 2024 | Burglary | Under investigation | On or near Meadow Road |