£256,103
This estimated value is based upon the latest sale price for the house of £142,000 on 6 Jan 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£142,000 | 6 Jan 2006 |
£41,250 | 22 Aug 1997 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2006 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £142,000 results in an estimated price of approximately £256,103.
6 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.355 % | £142,000 | £114,103 | £256,103 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 78.231 % | £111,088 | £253,088 |
3 Month Average | 68.115 % | £96,723 | £238,723 |
6 Month Average | 71.583 % | £101,647 | £243,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £196,023 | £190,000 | 192 ROTHERHAM ROAD |
8 Dec 2023 | £193,444 | £187,500 | 7 ROMFORD ROAD |
18 Sep 2023 | £344,596 | £337,000 | 2 ALGATE CLOSE |
5 Sep 2023 | £197,350 | £193,000 | 16 MORLAND ROAD |
12 Jan 2023 | £185,496 | £185,000 | 11 MORLAND ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Nov 2015. Using an estimated price of £256,104 means this house is valued at £3,201 per sq meter (£297 per sq foot).
The average size of a house on MORLAND ROAD is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Morland Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morland Road |
Jul 2024 | Anti-social behaviour | On or near Blenheim Avenue | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Blenheim Avenue |