£217,340
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Herrick Road
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| Price Paid | Date |
|---|---|
| £205,000 | 7 Jan 2022 |
| £71,000 | 30 Oct 2001 |
| £21,000 | 15 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £205,000 results in an estimated price of approximately £217,340.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £205,000 | £12,340 | £217,340 |
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 | -8.248 % | £-16,907 | £188,092 |
| 3 Month Average | 3.008 % | £6,166 | £211,166 |
| 6 Month Average | 6.226 % | £12,763 | £217,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £167,575 | £165,000 | 39 HERRICK ROAD |
| 20 Oct 2023 | £187,253 | £183,000 | 166 TENNYSON ROAD |
| 4 Aug 2023 | £213,857 | £210,000 | 47 HERRICK ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 28 HERRICK ROAD |
| 12 Jun 2023 | £208,733 | £204,550 | 139 TENNYSON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jan 2019. Using an estimated price of £217,341 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on HERRICK ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Herrick Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Herrick Road |
| Sep 2024 | Anti-social behaviour | On or near Herrick Road | |
| Sep 2024 | Anti-social behaviour | On or near Herrick Road | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Herrick Road |