£199,395
This estimated value is based upon the latest sale price for the house of £195,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 1 Sep 2023 |
| £149,995 | 1 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 741 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 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £195,000 results in an estimated price of approximately £199,395.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £195,000 | £4,395 | £199,395 |
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 | -16.249 % | £-31,685 | £163,314 |
| 3 Month Average | 6.518 % | £12,710 | £207,710 |
| 6 Month Average | 3.937 % | £7,677 | £202,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £184,688 | £180,000 | 16 GIBRALTAR CLOSE |
| 22 Sep 2023 | £219,846 | £215,000 | 13 GIBRALTAR CLOSE |
| 1 Sep 2023 | £199,396 | £195,000 | 270 TERRY ROAD |
| 28 Apr 2023 | £230,308 | £226,000 | 9 BORDER COURT |
| 20 Feb 2023 | £191,278 | £190,000 | 6 CADET CLOSE |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 13 Jun 2011. Using an estimated price of £199,396 means this house is valued at £2,893 per sq meter (£268 per sq foot).
The average size of a house on TERRY ROAD is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Border Court |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadet Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Cadet Close |
| Aug 2024 | Anti-social behaviour | On or near Cadet Close | |
| Aug 2024 | Anti-social behaviour | On or near Cadet Close |