£131,366
This estimated value is based upon the latest sale price for the house of £76,000 on 10 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £76,000 | 10 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £76,000 results in an estimated price of approximately £131,366.
| 10 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £76,000 | £55,366 | £131,366 |
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 | 55.668 % | £42,308 | £118,308 |
| 3 Month Average | 80.251 % | £60,990 | £136,990 |
| 6 Month Average | 78.908 % | £59,970 | £135,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £124,916 | £125,000 | 36 VICTORY ROAD |
| 30 Sep 2022 | £189,470 | £191,000 | 48 CHURCHILL AVENUE |
| 25 Jul 2022 | £145,391 | £145,000 | 17 KITCHENER ROAD |
| 29 Oct 2021 | £226,828 | £205,000 | 57 VICTORY ROAD |
| 11 Aug 2021 | £117,140 | £105,000 | 42 VICTORY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Jan 2011. Using an estimated price of £131,366 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on KITCHENER ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kitchener Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kitchener Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Churchill Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |