£497,225
This estimated value is based upon the latest sale price for the house of £318,000 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £318,000 | 20 Dec 2007 |
| £160,000 | 19 Feb 2001 |
| Detached |
| Freehold |
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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £318,000 results in an estimated price of approximately £497,225.
| 20 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £318,000 | £179,225 | £497,225 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 29.954 % | £95,253 | £413,253 |
| 3 Month Average | 60.525 % | £192,469 | £510,469 |
| 6 Month Average | 62.474 % | £198,665 | £516,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £969,427 | £950,000 | 247 STATION ROAD |
| 8 Feb 2023 | £588,934 | £585,000 | 27 MEETING HOUSE LANE |
| 18 Aug 2022 | £688,218 | £685,000 | 46 MEETING HOUSE LANE |
| 8 Jul 2022 | £621,225 | £615,000 | 17 MEETING HOUSE LANE |
| 21 Jun 2022 | £227,871 | £223,000 | APARTMENT 8 242 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Unable to prosecute suspect | On or near Rushton Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dockers Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Dockers Close |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |