£223,466
This estimated value is based upon the latest sale price for the house of £217,000 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £217,000 | 25 Apr 2022 |
| £138,000 | 15 Dec 2011 |
| £120,000 | 20 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £217,000 results in an estimated price of approximately £223,466.
| 25 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £217,000 | £6,466 | £223,466 |
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 | -8.688 % | £-18,853 | £198,146 |
| 3 Month Average | -9.659 % | £-20,959 | £196,040 |
| 6 Month Average | 1.638 % | £3,554 | £220,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £72,635 | £72,000 | 53 BINLEY ROAD |
| 20 Jul 2023 | £160,156 | £158,000 | 61 HAREFIELD ROAD |
| 3 Apr 2023 | £233,514 | £231,000 | 63 BINLEY ROAD |
| 3 Apr 2023 | £249,688 | £247,000 | 40 HAREFIELD ROAD |
| 18 Jan 2023 | £129,390 | £130,000 | 11 HAREFIELD ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 27 Oct 2021. Using an estimated price of £223,466 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on HAREFIELD ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |