£244,835
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Feb 2023. 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 Gutteridge Avenue
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| Price Paid | Date |
|---|---|
| £245,000 | 22 Feb 2023 |
| Terraced |
| Freehold |
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 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £245,000 results in an estimated price of approximately £244,835.
| 22 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £245,000 | £-164 | £244,835 |
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 | -0.268 % | £-656 | £244,343 |
| 3 Month Average | -2.969 % | £-7,273 | £237,726 |
| 6 Month Average | -2.296 % | £-5,626 | £239,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £287,515 | £285,000 | 5 BATTALION COURT |
| 5 Apr 2023 | £218,351 | £216,000 | 29 LOWE ROAD |
| 20 Mar 2023 | £113,570 | £112,500 | 116 COTTAGE FARM ROAD |
| 24 Feb 2023 | £229,845 | £230,000 | 53 LOWE ROAD |
| 22 Feb 2023 | £244,835 | £245,000 | 2 WINGFIELD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gutteridge Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cottage Farm Road |
| Apr 2024 | Other theft | Under investigation | On or near Cottage Farm Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Farm Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cottage Farm Road |