£160,613
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 17 Jun 2019 |
| £102,000 | 19 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £130,000 results in an estimated price of approximately £160,613.
| 17 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £130,000 | £30,613 | £160,613 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -1.326 % | £-1,723 | £128,276 |
| 3 Month Average | -0.515 % | £-669 | £129,330 |
| 6 Month Average | 12.737 % | £16,558 | £146,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £262,000 | £262,000 | 2 JACKERS ROAD |
| 18 Dec 2023 | £198,473 | £195,000 | 132 JACKERS ROAD |
| 17 Nov 2023 | £213,156 | £210,000 | 64 FOXFORD CRESCENT |
| 22 Sep 2023 | £163,085 | £161,000 | 122 SILVERDALE CLOSE |
| 20 Sep 2023 | £197,526 | £195,000 | 71 SILVERDALE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Jan 2015. Using an estimated price of £160,613 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on SILVERDALE CLOSE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverdale Close |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Silverdale Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Foxford Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wildmoor Close |