£412,777
This estimated value is based upon the latest sale price for the house of £405,000 on 5 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £405,000 | 5 May 2022 |
| £230,000 | 26 Mar 2013 |
| £228,000 | 20 Jun 2003 |
| £72,500 | 7 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £405,000 results in an estimated price of approximately £412,777.
| 5 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £405,000 | £7,777 | £412,777 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -11.844 % | £-47,967 | £357,032 |
| 3 Month Average | 6.164 % | £24,962 | £429,962 |
| 6 Month Average | 9.142 % | £37,024 | £442,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £410,245 | £405,000 | 303 LYNDON ROAD |
| 21 Apr 2023 | £368,973 | £365,000 | 32 COVERDALE ROAD |
| 17 Mar 2023 | £378,567 | £375,000 | 42 COVERDALE ROAD |
| 2 Feb 2023 | £409,724 | £410,000 | 60 COVERDALE ROAD |
| 11 Nov 2022 | £387,803 | £392,500 | 117 WELLS GREEN ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 24 Nov 2021. Using an estimated price of £412,778 means this house is valued at £2,886 per sq meter (£268 per sq foot).
The average size of a house on COVERDALE ROAD is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Coverdale Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Coverdale Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coverdale Road |
| Mar 2024 | Public order | Under investigation | On or near Beamans Close |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Beamans Close |