£215,283
This estimated value is based upon the latest sale price for the house of £173,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 8 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £173,000 results in an estimated price of approximately £215,283.
| 8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £173,000 | £42,283 | £215,283 |
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 | 13.973 % | £24,173 | £197,173 |
| 3 Month Average | 21.317 % | £36,877 | £209,877 |
| 6 Month Average | 21.564 % | £37,304 | £210,304 |
| 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 |
| 21 Mar 2023 | £185,091 | £182,000 | 9 GOSPEL OAK ROAD |
| 29 Apr 2022 | £180,511 | £174,000 | 153 MEADOW ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Oct 2018. Using an estimated price of £215,283 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on MEADOW ROAD is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rookery Lane |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rookery Lane |
| Jul 2024 | Anti-social behaviour | On or near Rookery Lane | |
| Jul 2024 | Anti-social behaviour | On or near Rookery Lane | |
| Jul 2024 | Anti-social behaviour | On or near Rookery Lane |