£197,798
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £120,000 results in an estimated price of approximately £197,798.
| 16 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £120,000 | £77,798 | £197,798 |
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 | 66.562 % | £79,873 | £199,873 |
| 3 Month Average | 64.056 % | £76,867 | £196,867 |
| 6 Month Average | 72.206 % | £86,647 | £206,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £192,965 | £190,000 | 273 SADLER ROAD |
| 8 Dec 2023 | £218,721 | £212,000 | 217 SADLER ROAD |
| 1 Sep 2023 | £158,494 | £155,000 | 15 MORTON CLOSE |
| 16 Jun 2023 | £209,192 | £205,000 | 215 SADLER ROAD |
| 9 Jun 2023 | £127,556 | £125,000 | 257 SADLER ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Jun 2020. Using an estimated price of £197,798 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on SADLER ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Instone Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Instone Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Instone Road |
| Aug 2024 | Public order | Under investigation | On or near Instone Road |
| Aug 2024 | Public order | Under investigation | On or near Instone Road |