£255,136
This estimated value is based upon the latest sale price for the house of £74,000 on 20 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,000 | 20 Apr 2001 |
| £58,000 | 21 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 244.779%.Applying this 244.779% change to the original purchase price of £74,000 results in an estimated price of approximately £255,136.
| 20 Apr 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.0 | 244.779 % | £74,000 | £181,136 | £255,136 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 28.455 % | £21,056 | £95,056 |
| 3 Month Average | 196.895 % | £145,702 | £219,702 |
| 6 Month Average | 239.999 % | £177,599 | £251,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £248,186 | £245,000 | 2 KELVIN DRIVE |
| 19 Aug 2022 | £183,758 | £185,000 | 173 CAPE HILL |
| 17 Aug 2022 | £103,302 | £104,000 | 212 CAPE HILL |
| 18 Feb 2022 | £107,579 | £103,000 | 200 CAPE HILL |
| 9 Aug 2021 | £141,667 | £127,500 | 1 RAGLAN ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 12 Dec 2015. Using an estimated price of £255,136 means this house is valued at £1,295 per sq meter (£120 per sq foot).
The average size of a house on CAPE HILL is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raglan Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Hope Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Hope Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near New Hope Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Hope Road |