£179,669
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Nov 2014 |
| £88,000 | 9 Jan 2004 |
| £57,000 | 12 Aug 2002 |
| £46,000 | 21 Sep 2001 |
| £44,000 | 31 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £120,000 results in an estimated price of approximately £179,669.
| 24 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £120,000 | £59,669 | £179,669 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 92.908 % | £111,489 | £231,489 |
| 3 Month Average | 64.415 % | £77,297 | £197,297 |
| 6 Month Average | 64.204 % | £77,045 | £197,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £248,682 | £245,000 | 2 KELVIN DRIVE |
| 19 Apr 2023 | £333,592 | £330,000 | 141 MONTAGUE ROAD |
| 9 Dec 2021 | £252,845 | £236,000 | 42 CROWN STREET |
| 20 Oct 2021 | £165,972 | £150,000 | 10 THE POPLARS |
| 17 Jun 2021 | £327,242 | £305,000 | 174 CAPE HILL |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Mar 2014. Using an estimated price of £179,669 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on MONTAGUE ROAD is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cape Hill |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cape Hill |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cape Hill |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cape Hill |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cape Hill |