£109,450
This estimated value is based upon the latest sale price for the house of £104,000 on 6 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 |
|---|---|
| £104,000 | 6 Jan 2022 |
| £90,000 | 8 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £104,000 results in an estimated price of approximately £109,450.
| 6 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £104,000 | £5,450 | £109,450 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 35.131 % | £36,535 | £140,535 |
| 3 Month Average | 5.755 % | £5,985 | £109,985 |
| 6 Month Average | -4.767 % | £-4,958 | £99,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £178,645 | £176,000 | 17 CARSHALTON GROVE |
| 29 Sep 2023 | £176,254 | £174,000 | 47 CARSHALTON GROVE |
| 8 Sep 2023 | £189,422 | £187,000 | 31 BANSTEAD CLOSE |
| 24 Jul 2023 | £167,251 | £165,000 | 51 CARSHALTON GROVE |
| 9 Jun 2023 | £192,330 | £190,000 | 4 MILLS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Jun 2021. Using an estimated price of £109,450 means this house is valued at £1,302 per sq meter (£121 per sq foot).
The average size of a house on CALEDONIA ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Caledonia Road |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Caledonia Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mills Crescent |
| Feb 2024 | Public order | Under investigation | On or near Mills Crescent |
| Feb 2024 | Drugs | Under investigation | On or near Mills Crescent |