£278,798
This estimated value is based upon the latest sale price for the house of £179,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,000 | 23 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £179,000 results in an estimated price of approximately £278,798.
| 23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £179,000 | £99,798 | £278,798 |
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 | 54.976 % | £98,407 | £277,407 |
| 3 Month Average | 62.606 % | £112,064 | £291,064 |
| 6 Month Average | 68.075 % | £121,854 | £300,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £208,287 | £203,000 | 46 MAX ROAD |
| 10 Nov 2023 | £271,902 | £265,000 | 195 BARKERS BUTTS LANE |
| 6 Nov 2023 | £235,990 | £230,000 | 21 RO OAK ROAD |
| 30 Aug 2023 | £238,298 | £234,000 | 29 MAX ROAD |
| 2 Aug 2023 | £239,316 | £235,000 | 60 MAX ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Feb 2015. Using an estimated price of £278,798 means this house is valued at £2,874 per sq meter (£267 per sq foot).
The average size of a house on MAX ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Max Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Laburnum Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ro-Oak Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Ro-Oak Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ro-Oak Road |