£257,446
This estimated value is based upon the latest sale price for the house of £202,500 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Strathmore Avenue
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Price Paid | Date |
---|---|
£202,500 | 20 Oct 2017 |
£100,000 | 2 Dec 2005 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £202,500 results in an estimated price of approximately £257,446.
20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £202,500 | £54,946 | £257,446 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 15.270 % | £30,921 | £233,421 |
3 Month Average | -30.827 % | £-62,424 | £140,075 |
6 Month Average | -15.764 % | £-31,921 | £170,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £175,389 | £170,000 | 57 SEAGRAVE ROAD |
31 Mar 2023 | £350,859 | £345,000 | 90 STRATHMORE AVENUE |
27 Mar 2023 | £132,208 | £130,000 | 53 LONDON ROAD |
23 Nov 2022 | £185,134 | £186,000 | 11 STRATHMORE AVENUE |
1 Nov 2022 | £278,697 | £280,000 | 84 - 86 LONDON ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jun 2012. Using an estimated price of £257,447 means this house is valued at £3,258 per sq meter (£302 per sq foot).
The average size of a house on SEAGRAVE ROAD is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Anti-social behaviour | On or near Strathmore Avenue | |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Strathmore Avenue |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Strathmore Avenue |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Avenue |
Aug 2024 | Drugs | Unable to prosecute suspect | On or near Strathmore Avenue |