£185,524
This estimated value is based upon the latest sale price for the house of £177,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £177,000 | 31 Jan 2022 |
| £63,000 | 3 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £177,000 results in an estimated price of approximately £185,524.
| 31 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £177,000 | £8,524 | £185,524 |
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 | -7.730 % | £-13,682 | £163,317 |
| 3 Month Average | -9.645 % | £-17,071 | £159,928 |
| 6 Month Average | -0.142 % | £-250 | £176,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £131,691 | £130,000 | 14 RANBY ROAD |
| 6 Jun 2023 | £168,365 | £167,000 | 136 NICHOLLS STREET |
| 3 Apr 2023 | £241,797 | £240,000 | 43 LEOPOLD ROAD |
| 3 Apr 2023 | £105,786 | £105,000 | 76 HIGHFIELD ROAD |
| 30 Mar 2023 | £201,087 | £200,000 | 4 HIGHFIELD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Dec 2021. Using an estimated price of £185,524 means this house is valued at £1,932 per sq meter (£179 per sq foot).
The average size of a house on NICHOLLS STREET is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ranby Road |
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranby Road |