£172,283
This estimated value is based upon the latest sale price for the house of £44,500 on 15 Mar 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,500 | 15 Mar 2000 |
| 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 March 2000 the House Price Index for WEST MIDLANDS was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £44,500 results in an estimated price of approximately £172,283.
| 15 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £44,500 | £127,783 | £172,283 |
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 | 236.188 % | £105,103 | £149,603 |
| 3 Month Average | 242.118 % | £107,742 | £152,242 |
| 6 Month Average | 303.929 % | £135,248 | £179,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £176,664 | £175,000 | 30 BRAYS LANE |
| 21 Jan 2022 | £184,171 | £175,000 | 124 RICHMOND STREET |
| 10 Sep 2021 | £172,415 | £160,000 | 62 HASTINGS ROAD |
| 8 Nov 2019 | £106,088 | £86,500 | 37 DAWES CLOSE |
| 16 Aug 2019 | £113,827 | £92,500 | FLAT 1 WESTBURY COURT BRITON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Parking Area |