£284,474
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Jan 2018 |
| £90,000 | 5 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £225,000 results in an estimated price of approximately £284,474.
| 12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £225,000 | £59,474 | £284,474 |
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 | -16.206 % | £-36,462 | £188,537 |
| 3 Month Average | -14.035 % | £-31,577 | £193,422 |
| 6 Month Average | -18.633 % | £-41,924 | £183,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £252,767 | £245,000 | 46 MELVILLE ROAD |
| 30 Jun 2023 | £267,868 | £262,500 | 19 MELVILLE ROAD |
| 2 Jun 2023 | £163,272 | £160,000 | 28 HAWKSWORTH DRIVE |
| 31 Mar 2023 | £244,076 | £240,000 | 40 MELVILLE ROAD |
| 26 Aug 2022 | £723,383 | £720,000 | 109 HOLYHEAD ROAD |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 10 Apr 2019. Using an estimated price of £284,474 means this house is valued at £1,537 per sq meter (£142 per sq foot).
The average size of a house on HOLYHEAD ROAD is 164 sq meters (1,768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chester Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Melville Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Melville Road |