£255,380
This estimated value is based upon the latest sale price for the house of £204,950 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£204,950 | 3 Aug 2018 |
£114,950 | 27 Jan 2006 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £204,950 results in an estimated price of approximately £255,380.
3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £204,950 | £50,430 | £255,380 |
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 | 24.425 % | £50,058 | £255,008 |
3 Month Average | 31.626 % | £64,817 | £269,767 |
6 Month Average | 28.844 % | £59,116 | £264,066 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £269,135 | £265,000 | 34 FORFIELD ROAD |
22 Sep 2023 | £288,357 | £282,000 | 62 CLAYTON ROAD |
10 Feb 2023 | £268,796 | £267,000 | 9 FORFIELD ROAD |
30 Aug 2022 | £271,268 | £270,000 | 31 FORFIELD ROAD |
31 Mar 2022 | £271,423 | £260,000 | 42 DENBIGH ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Sep 2016. Using an estimated price of £255,380 means this house is valued at £3,040 per sq meter (£282 per sq foot).
The average size of a house on FORFIELD ROAD is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Newhaven Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newhaven Close |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Newhaven Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Denbigh Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Denbigh Road |