£409,295
This estimated value is based upon the latest sale price for the house of £400,000 on 12 Oct 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 Copthorne Road
More crime details
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| Price Paid | Date |
|---|---|
| £400,000 | 12 Oct 2023 |
| Detached |
| 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 October 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £400,000 results in an estimated price of approximately £409,295.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £400,000 | £9,295 | £409,295 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 94.444 % | £377,777 | £777,777 |
| 3 Month Average | -1.697 % | £-6,788 | £393,211 |
| 6 Month Average | 8.234 % | £32,934 | £432,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £389,897 | £380,000 | 30 COPTHORNE ROAD |
| 12 Oct 2023 | £409,296 | £400,000 | 20 COPTHORNE ROAD |
| 30 Aug 2023 | £91,653 | £90,000 | 66 LEA ROAD |
| 24 Nov 2022 | £384,203 | £386,000 | 27 STUBBS ROAD |
| 4 Nov 2022 | £63,204 | £63,500 | 20 CARLTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copthorne Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Copthorne Road |
| May 2024 | Drugs | Local resolution | On or near Copthorne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |