£213,894
This estimated value is based upon the latest sale price for the house of £165,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 26 May 2017 |
| £114,000 | 14 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 915 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 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £165,000 results in an estimated price of approximately £213,894.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £165,000 | £48,894 | £213,894 |
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 | 21.147 % | £34,892 | £199,892 |
| 3 Month Average | 28.696 % | £47,348 | £212,348 |
| 6 Month Average | 31.335 % | £51,703 | £216,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £169,976 | £168,500 | 12 FRASER ROAD |
| 10 Nov 2023 | £182,893 | £178,250 | 4 FRASER ROAD |
| 15 Aug 2023 | £203,673 | £200,000 | 3 BENSON ROAD |
| 3 Apr 2023 | £188,526 | £185,000 | 13 LOCKE CLOSE |
| 7 Mar 2023 | £233,906 | £230,000 | 19 LOCKE CLOSE |
This house has a floor area of 85 sq meters or 915 sq feet when measured on 19 Sep 2011. Using an estimated price of £213,894 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on THE SCOTCHILL is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Locke Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Locke Close |
| Jul 2024 | Anti-social behaviour | On or near Locke Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Locke Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Locke Close |