£296,804
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 12 Oct 2022 |
| £60,000 | 11 May 2001 |
| £38,000 | 6 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £300,000 results in an estimated price of approximately £296,804.
| 12 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £300,000 | £-3,195 | £296,804 |
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 | -39.763 % | £-119,290 | £180,709 |
| 3 Month Average | -17.983 % | £-53,947 | £246,052 |
| 6 Month Average | -3.543 % | £-10,628 | £289,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £122,068 | £121,000 | 8 BRUNEL CLOSE |
| 18 Aug 2023 | £244,136 | £242,000 | 45 WALSGRAVE ROAD |
| 11 Aug 2023 | £151,324 | £150,000 | 14 GRANTHAM STREET |
| 14 Jul 2023 | £354,775 | £350,000 | 23 KING RICHARD STREET |
| 18 Apr 2023 | £202,177 | £200,000 | 37 LANSDOWNE STREET |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 Mar 2019. Using an estimated price of £296,804 means this house is valued at £2,393 per sq meter (£222 per sq foot).
The average size of a house on KING RICHARD STREET is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Richard Street |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Britannia Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Britannia Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Britannia Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Richard Street |