£117,165
This estimated value is based upon the latest sale price for the house of £102,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,500 | 18 Dec 2020 |
| £84,375 | 15 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,102 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £102,500 results in an estimated price of approximately £117,165.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £102,500 | £14,665 | £117,165 |
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 | 4.023 % | £4,123 | £106,623 |
| 3 Month Average | 15.781 % | £16,175 | £118,675 |
| 6 Month Average | 15.952 % | £16,350 | £118,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £120,602 | £119,950 | 25 BLAKELY COURT, 50 HIGHLEY DRIVE |
| 30 Sep 2022 | £174,873 | £177,000 | 64 HIGHLEY DRIVE |
| 22 Aug 2022 | £123,168 | £124,000 | 6 CORBET ROAD |
| 19 Jul 2022 | £299,595 | £300,000 | 72 HIGHLEY DRIVE |
| 17 Jun 2022 | £300,041 | £297,000 | 49 HIGHLEY DRIVE |
This house has a floor area of 102 sq meters or 1,102 sq feet when measured on 29 Mar 2011. Using an estimated price of £117,166 means this house is valued at £1,143 per sq meter (£106 per sq foot).
The average size of a house on CORBET ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Corbet Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Corbet Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |