£152,921
This estimated value is based upon the latest sale price for the house of £90,000 on 12 Mar 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 12 Mar 2010 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 521 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 March 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £90,000 results in an estimated price of approximately £152,921.
| 12 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £90,000 | £62,921 | £152,921 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 57.327 % | £51,594 | £141,594 |
| 3 Month Average | 41.182 % | £37,064 | £127,064 |
| 6 Month Average | 59.021 % | £53,119 | £143,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £208,651 | £205,000 | 47 ALDBURY RISE |
| 8 Dec 2023 | £284,986 | £280,000 | 168 WINSFORD AVENUE |
| 3 Jul 2023 | £267,095 | £263,500 | 6 CHETWODE CLOSE |
| 30 Jun 2023 | £220,673 | £218,000 | 13 WOODBURN CLOSE |
| 9 Feb 2023 | £142,404 | £142,500 | 5 CHETWODE CLOSE |
This house has a floor area of 48 sq meters or 521 sq feet when measured on 10 Dec 2008. Using an estimated price of £152,921 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on WOODBURN CLOSE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chetwode Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aldbury Rise |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kimble Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kimble Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kimble Close |