£149,602
This estimated value is based upon the latest sale price for the house of £140,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Loach Drive
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 29 Jun 2021 |
| £103,750 | 20 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £140,000 results in an estimated price of approximately £149,602.
| 29 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £140,000 | £9,602 | £149,602 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -1.121 % | £-1,568 | £138,431 |
| 3 Month Average | 9.067 % | £12,694 | £152,694 |
| 6 Month Average | 9.915 % | £13,880 | £153,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £50,169 | £50,000 | 33 HURN WAY |
| 24 Aug 2023 | £186,132 | £185,000 | 17 SEAFORD CLOSE |
| 31 Mar 2023 | £130,656 | £129,950 | 4 ANDERTON ROAD |
| 27 Mar 2023 | £93,003 | £92,500 | 34 NEWMARKET CLOSE |
| 1 Mar 2023 | £47,758 | £47,500 | 25 HURN WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Aug 2021. Using an estimated price of £149,603 means this house is valued at £1,719 per sq meter (£159 per sq foot).
There is one other house on the street which we know the size of, this is 9 SEAFORD CLOSE it is 75.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Loach Drive |
| Jan 2024 | Anti-social behaviour | On or near Loach Drive | |
| Jan 2024 | Anti-social behaviour | On or near Loach Drive | |
| Jan 2024 | Anti-social behaviour | On or near Loach Drive | |
| Jan 2024 | Anti-social behaviour | On or near Loach Drive |