£173,554
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £140,000 results in an estimated price of approximately £173,554.
| 12 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £140,000 | £33,554 | £173,554 |
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 | 13.570 % | £18,998 | £158,998 |
| 3 Month Average | 15.085 % | £21,119 | £161,119 |
| 6 Month Average | 18.404 % | £25,765 | £165,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £328,423 | £322,500 | 19 MARLBOROUGH ROAD |
| 23 Jun 2023 | £188,783 | £185,000 | 64 MARLBOROUGH ROAD |
| 1 Jun 2023 | £188,783 | £185,000 | 231 WALSGRAVE ROAD |
| 31 Mar 2023 | £147,463 | £145,000 | 95 MARLBOROUGH ROAD |
| 10 Feb 2023 | £188,258 | £187,000 | 58 ST MICHAELS ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Aug 2014. Using an estimated price of £173,554 means this house is valued at £2,590 per sq meter (£240 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Michael'S Road |
| Oct 2024 | Anti-social behaviour | On or near St Michael'S Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Michael'S Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near St Michael'S Road |
| Sep 2024 | Anti-social behaviour | On or near St Michael'S Road |