£243,105
This estimated value is based upon the latest sale price for the house of £141,000 on 17 Dec 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,000 | 17 Dec 2010 |
| £117,500 | 27 Jan 2004 |
| £71,000 | 26 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 870 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 December 2010 the House Price Index for WEST MIDLANDS was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £141,000 results in an estimated price of approximately £243,105.
| 17 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £141,000 | £102,105 | £243,105 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 107.420 % | £151,461 | £292,461 |
| 3 Month Average | 94.968 % | £133,904 | £274,904 |
| 6 Month Average | 72.800 % | £102,648 | £243,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £190,000 | £190,000 | 41 ERITHWAY ROAD |
| 25 Aug 2023 | £324,859 | £319,000 | 29 ANCHORWAY ROAD |
| 24 Mar 2023 | £254,246 | £250,000 | 37 ANCHORWAY ROAD |
| 10 Feb 2023 | £279,366 | £277,500 | 47 ANCHORWAY ROAD |
| 7 Feb 2022 | £255,663 | £242,000 | 33 ANCHORWAY ROAD |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 5 Oct 2010. Using an estimated price of £243,105 means this house is valued at £3,005 per sq meter (£279 per sq foot).
The average size of a house on ERITHWAY ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erithway Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Erithway Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Erithway Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erithway Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Erithway Road |