£240,520
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £185,000 results in an estimated price of approximately £240,520.
| 8 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £185,000 | £55,520 | £240,520 |
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 | 11.770 % | £21,773 | £206,773 |
| 3 Month Average | 16.874 % | £31,217 | £216,217 |
| 6 Month Average | 36.332 % | £67,214 | £252,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £105,563 | £104,000 | 40 MEREDITH ROAD |
| 30 Jun 2023 | £361,884 | £357,500 | 18 KEATS ROAD |
| 12 Jan 2023 | £323,476 | £325,000 | 254 TENNYSON ROAD |
| 27 May 2022 | £295,569 | £290,000 | 14 KEATS ROAD |
| 20 Dec 2021 | £248,560 | £232,000 | 218 TENNYSON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Nov 2018. Using an estimated price of £240,520 means this house is valued at £2,672 per sq meter (£248 per sq foot).
The average size of a house on MEREDITH ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meredith Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meredith Road |
| Mar 2024 | Other theft | Under investigation | On or near Lord Lytton Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lord Lytton Avenue |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Herrick Road |