£328,423
This estimated value is based upon the latest sale price for the house of £322,500 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £322,500 | 18 Aug 2023 |
| £135,500 | 25 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £322,500 results in an estimated price of approximately £328,423.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £322,500 | £5,923 | £328,423 |
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 | -16.753 % | £-54,028 | £268,471 |
| 3 Month Average | -1.824 % | £-5,881 | £316,618 |
| 6 Month Average | -2.213 % | £-7,136 | £315,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £255,635 | £250,000 | 102 WALSGRAVE ROAD |
| 18 Aug 2023 | £328,423 | £322,500 | 19 MARLBOROUGH ROAD |
| 23 Jun 2023 | £188,783 | £185,000 | 64 MARLBOROUGH ROAD |
| 1 Jun 2023 | £188,783 | £185,000 | 231 WALSGRAVE ROAD |
| 10 Feb 2023 | £188,258 | £187,000 | 58 ST MICHAELS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 May 2019. Using an estimated price of £328,423 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (967 sq feet).