£204,123
This estimated value is based upon the latest sale price for the house of £152,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,000 | 20 May 2016 |
| £153,500 | 7 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £152,000 results in an estimated price of approximately £204,123.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £152,000 | £52,123 | £204,123 |
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 | 10.369 % | £15,760 | £167,760 |
| 3 Month Average | 23.531 % | £35,766 | £187,766 |
| 6 Month Average | 48.052 % | £73,038 | £225,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £127,226 | £125,000 | FLAT 5 DICKENSON COURT, 33 VALLEY ROAD |
| 5 Jul 2022 | £263,710 | £263,000 | 22 BURROUGHS CLOSE |
| 30 Jun 2022 | £183,595 | £181,000 | 65 CARROLL CRESCENT |
| 24 Jun 2022 | £203,881 | £201,000 | 12 CARROLL CRESCENT |
| 21 Jan 2022 | £215,744 | £205,000 | 53 VALLEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Feb 2016. Using an estimated price of £204,123 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on CARPENTER ROAD is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Carpenter Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenter Road |