£1,214,908
This estimated value is based upon the latest sale price for the house of £975,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Carlton Road
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| Price Paid | Date |
|---|---|
| £975,000 | 31 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £975,000 results in an estimated price of approximately £1,214,908.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £975,000 | £239,908 | £1,214,908 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 91.879 % | £895,816 | £1,870,816 |
| 3 Month Average | 23.681 % | £230,889 | £1,205,889 |
| 6 Month Average | 36.433 % | £355,224 | £1,330,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £120,000 | £120,000 | 134 LEA ROAD |
| 30 Aug 2023 | £91,653 | £90,000 | 66 LEA ROAD |
| 3 Feb 2023 | £271,816 | £270,000 | 150 LEA ROAD |
| 4 Nov 2022 | £63,204 | £63,500 | 20 CARLTON ROAD |
| 3 Oct 2022 | £80,730 | £81,000 | 26 CLAREMONT MEWS |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 6 Jun 2017. Using an estimated price of £1,214,909 means this house is valued at £24,298 per sq meter (£2,257 per sq foot).
The average size of a house on CLAREMONT MEWS is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Carlton Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Carlton Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlton Road |
| May 2024 | Criminal damage and arson | Local resolution | On or near Carlton Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Carlton Road |