£399,752
This estimated value is based upon the latest sale price for the house of £275,000 on 13 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£275,000 | 13 May 2015 |
£126,000 | 31 May 2000 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £275,000 results in an estimated price of approximately £399,752.
13 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.0 | 45.365 % | £275,000 | £124,752 | £399,752 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 110.299 % | £303,323 | £578,323 |
3 Month Average | 56.135 % | £154,372 | £429,372 |
6 Month Average | 41.163 % | £113,197 | £388,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £408,881 | £407,500 | 12 HIGHBRIDGE ROAD |
4 Dec 2023 | £305,785 | £300,000 | 37 ADDENBROOKE DRIVE |
4 Aug 2023 | £291,774 | £290,000 | 35 ADDENBROOKE DRIVE |
20 Jun 2022 | £298,020 | £295,000 | 9 HIGHBRIDGE ROAD |
29 Mar 2022 | £371,548 | £360,000 | 9 STONEY LEASOW |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Oct 2014. Using an estimated price of £399,753 means this house is valued at £4,079 per sq meter (£378 per sq foot).
The average size of a house on VESEY ROAD is 172 sq meters (1,859 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vesey Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addenbrooke Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addenbrooke Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addenbrooke Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Addenbrooke Drive |