£240,278
This estimated value is based upon the latest sale price for the house of £49,999 on 18 Feb 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £49,999 | 18 Feb 1998 |
| Terraced |
| 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 February 1998 the House Price Index for WEST MIDLANDS was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £49,999 results in an estimated price of approximately £240,278.
| 18 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £49,999 | £190,279 | £240,278 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 326.874 % | £163,433 | £213,432 |
| 3 Month Average | 302.423 % | £151,208 | £201,207 |
| 6 Month Average | 333.305 % | £166,648 | £216,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £260,329 | £257,000 | 48 ABERCORN ROAD |
| 14 Aug 2023 | £242,118 | £240,000 | 125 ALLESLEY OLD ROAD |
| 5 Jul 2023 | £139,376 | £137,500 | 184A PRINCE OF WALES ROAD |
| 7 Jun 2023 | £136,655 | £135,000 | FLAT 3 180A PRINCE OF WALES ROAD |
| 20 Apr 2023 | £136,469 | £135,000 | 73 FOUR POUNDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrivale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Merrivale Road |