£260,765
This estimated value is based upon the latest sale price for the house of £218,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £218,000 | 14 Sep 2020 |
| £110,000 | 7 Jul 2017 |
| Detached |
| 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £218,000 results in an estimated price of approximately £260,765.
| 14 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £218,000 | £42,765 | £260,765 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 72.226 % | £157,453 | £375,453 |
| 3 Month Average | 13.700 % | £29,865 | £247,865 |
| 6 Month Average | 27.940 % | £60,909 | £278,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £186,621 | £185,000 | 15 NEW STREET |
| 25 Sep 2023 | £233,139 | £228,000 | 241A COALWAY ROAD |
| 5 Sep 2023 | £184,057 | £180,000 | 19 NEW STREET |
| 1 Aug 2023 | £330,969 | £325,000 | 157 TRYSULL ROAD |
| 28 Apr 2023 | £407,624 | £400,000 | 183 TRYSULL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 May 2018. Using an estimated price of £260,765 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coalway Gardens |
| Jul 2024 | Burglary | Under investigation | On or near New Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Apr 2024 | Anti-social behaviour | On or near New Street |