£97,859
This estimated value is based upon the latest sale price for the house of £29,950 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £29,950 | 5 Oct 2001 |
| £16,000 | 2 Jul 1999 |
| Terraced |
| 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 October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £29,950 results in an estimated price of approximately £97,859.
| 5 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £29,950 | £67,909 | £97,859 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 197.758 % | £59,228 | £89,178 |
| 3 Month Average | 173.665 % | £52,012 | £81,962 |
| 6 Month Average | 189.147 % | £56,649 | £86,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £172,653 | £170,000 | 21 WRIGHT STREET |
| 17 Nov 2023 | £159,037 | £155,000 | 19 THE CHANTRIES |
| 14 Apr 2023 | £183,431 | £180,000 | 48 KEPPEL STREET |
| 8 Mar 2023 | £145,429 | £143,000 | 56 WRIGHT STREET |
| 14 Jul 2022 | £202,024 | £200,000 | 57 KEPPEL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Under investigation | On or near Wright Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wright Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Iden Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Iden Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Iden Road |