£123,164
This estimated value is based upon the latest sale price for the house of £99,950 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,950 | 2 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £99,950 results in an estimated price of approximately £123,164.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £99,950 | £23,214 | £123,164 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 35.877 % | £35,858 | £135,808 |
| 3 Month Average | 13.264 % | £13,257 | £113,207 |
| 6 Month Average | 26.646 % | £26,632 | £126,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £191,677 | £190,000 | 2 CHAPEL CLOSE |
| 1 Feb 2022 | £314,608 | £300,000 | 153 COOMBS ROAD |
| 16 Dec 2021 | £401,766 | £375,000 | 60 LODGEFIELD ROAD |
| 30 Nov 2021 | £37,853 | £35,000 | UNIT D4C COOMBSWOOD WAY |
| 29 Oct 2021 | £158,226 | £143,000 | 16 LODGEFIELD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Jul 2018. Using an estimated price of £123,165 means this house is valued at £1,664 per sq meter (£154 per sq foot).
The average size of a house on COOMBS ROAD is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near A4099 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgefield Road |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Lodgefield Road |