£209,550
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 17 Nov 2017 |
| £125,000 | 2 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £165,000 results in an estimated price of approximately £209,550.
| 17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £165,000 | £44,550 | £209,550 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -46.415 % | £-76,584 | £88,415 |
| 3 Month Average | 1.806 % | £2,980 | £167,980 |
| 6 Month Average | 9.796 % | £16,163 | £181,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £138,043 | £135,000 | 71 WESTCOTES |
| 24 Aug 2023 | £173,122 | £170,000 | 61 WESTCOTES |
| 11 Jan 2023 | £217,581 | £217,000 | 9 TIMOTHY GROVE |
| 15 Jul 2022 | £222,227 | £220,000 | 35 WESTCOTES |
| 9 Jun 2022 | £214,587 | £210,000 | 18 TIMOTHY GROVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Sep 2017. Using an estimated price of £209,550 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on TIMOTHY GROVE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Westcotes |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westcotes |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westcotes |
| May 2024 | Violence and sexual offences | Under investigation | On or near Westcotes |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Westcotes |