£296,182
This estimated value is based upon the latest sale price for the house of £242,500 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £242,500 | 11 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £242,500 results in an estimated price of approximately £296,182.
| 11 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £242,500 | £53,682 | £296,182 |
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 | 10.383 % | £25,178 | £267,678 |
| 3 Month Average | 5.399 % | £13,093 | £255,593 |
| 6 Month Average | 11.297 % | £27,395 | £269,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £243,481 | £242,000 | 45 WALSGRAVE ROAD |
| 11 Aug 2023 | £150,918 | £150,000 | 14 GRANTHAM STREET |
| 14 Jul 2023 | £353,342 | £350,000 | 23 KING RICHARD STREET |
| 18 Apr 2023 | £201,498 | £200,000 | 37 LANSDOWNE STREET |
| 30 Mar 2023 | £128,696 | £128,000 | 48 KING RICHARD STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 Mar 2018. Using an estimated price of £296,183 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on KING RICHARD STREET is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Grantham Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grantham Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grantham Street |
| Apr 2024 | Burglary | Under investigation | On or near Britannia Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Richard Street |