£186,361
This estimated value is based upon the latest sale price for the house of £183,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £183,000 | 4 Aug 2023 |
| £48,000 | 25 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £183,000 results in an estimated price of approximately £186,361.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £183,000 | £3,361 | £186,361 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -11.701 % | £-21,413 | £161,586 |
| 3 Month Average | -8.040 % | £-14,712 | £168,287 |
| 6 Month Average | -2.817 % | £-5,155 | £177,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £240,335 | £236,000 | 70 HERMITAGE ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 23 MACAULAY ROAD |
| 31 Mar 2023 | £175,430 | £172,500 | 124 HERMITAGE ROAD |
| 27 Mar 2023 | £193,227 | £190,000 | 25 MACAULAY ROAD |
| 6 Mar 2023 | £252,212 | £248,000 | 28 MACAULAY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Sep 2021. Using an estimated price of £186,361 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on MACAULAY ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Macaulay Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Macaulay Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morris Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morris Avenue |