£214,017
This estimated value is based upon the latest sale price for the house of £138,000 on 2 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 2 Apr 2014 |
| £133,000 | 16 Jan 2006 |
| £46,000 | 11 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.085%.Applying this 55.085% change to the original purchase price of £138,000 results in an estimated price of approximately £214,017.
| 2 Apr 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.0 | 55.085 % | £138,000 | £76,017 | £214,017 |
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 | 46.147 % | £63,682 | £201,682 |
| 3 Month Average | 68.339 % | £94,307 | £232,307 |
| 6 Month Average | 67.358 % | £92,953 | £230,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £166,576 | £165,000 | 15 BANKS ROAD |
| 5 Apr 2023 | £266,984 | £265,000 | 94 BARKERS BUTTS LANE |
| 10 Feb 2023 | £248,823 | £250,000 | 39 LOUDON AVENUE |
| 3 Feb 2023 | £57,727 | £58,000 | 4 CHILTERN COURT LOUDON AVENUE |
| 6 Jan 2023 | £193,302 | £195,000 | 14 BANKS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 May 2016. Using an estimated price of £214,018 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on LOUDON AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Steeplefield Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Theatre/Concert Hall |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cramper'S Field |
| Mar 2024 | Drugs | Under investigation | On or near Cramper'S Field |