£185,782
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 19 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £145,000 results in an estimated price of approximately £185,782.
| 19 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £145,000 | £40,782 | £185,782 |
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 | 9.464 % | £13,722 | £158,722 |
| 3 Month Average | 26.136 % | £37,896 | £182,896 |
| 6 Month Average | 29.360 % | £42,572 | £187,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £285,692 | £283,000 | 53 WALLACE ROAD |
| 2 Mar 2023 | £226,130 | £224,000 | 89 SADLER ROAD |
| 20 Jan 2023 | £234,396 | £235,500 | 50 CHESTERTON ROAD |
| 20 Jun 2022 | £220,111 | £217,000 | 76 WALLACE ROAD |
| 17 Mar 2022 | £271,501 | £262,000 | 48 WALLACE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Jan 2017. Using an estimated price of £185,782 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on HARDY ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hardy Road |
| Mar 2024 | Burglary | Under investigation | On or near Wallace Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wallace Road |