£157,735
This estimated value is based upon the latest sale price for the house of £130,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£130,000 | 27 Mar 2020 |
£48,000 | 7 Jun 2002 |
£46,000 | 7 Jul 2000 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £130,000 results in an estimated price of approximately £157,735.
27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £130,000 | £27,735 | £157,735 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 40.843 % | £53,095 | £183,095 |
3 Month Average | 35.907 % | £46,678 | £176,678 |
6 Month Average | 23.396 % | £30,414 | £160,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £184,688 | £180,000 | 16 GIBRALTAR CLOSE |
9 Oct 2023 | £312,088 | £305,000 | 171 HUMBER ROAD |
22 Sep 2023 | £219,846 | £215,000 | 13 GIBRALTAR CLOSE |
19 Sep 2023 | £265,861 | £260,000 | 215 HUMBER ROAD |
2 Jun 2023 | £153,067 | £150,000 | 161 TERRY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Aug 2018. Using an estimated price of £157,736 means this house is valued at £1,546 per sq meter (£143 per sq foot).
The average size of a house on HUMBER ROAD is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gibraltar Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibraltar Close |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hussar Court |
Sep 2024 | Anti-social behaviour | On or near Hussar Court | |
Sep 2024 | Anti-social behaviour | On or near Hussar Court |