£313,066
This estimated value is based upon the latest sale price for the house of £56,000 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£56,000 | 30 Aug 1996 |
Semi-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 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £56,000 results in an estimated price of approximately £313,066.
30 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 149.7 | 459.047 % | £56,000 | £257,066 | £313,066 |
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 | 378.279 % | £211,836 | £267,836 |
3 Month Average | 394.560 % | £220,953 | £276,953 |
6 Month Average | 358.057 % | £200,512 | £256,512 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2024 | £250,000 | £250,000 | 16 FAIRMILE CLOSE |
19 Jan 2023 | £284,761 | £284,000 | 85 GARTH CRESCENT |
5 Aug 2022 | £323,513 | £322,000 | 34 ASHDOWN CLOSE |
22 Jul 2022 | £237,379 | £235,000 | 41 GARTH CRESCENT |
27 Jun 2022 | £321,881 | £315,000 | 36 ASHDOWN CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Ashdown Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdown Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdown Close |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Exeter Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Exeter Close |