£172,956
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Oct 2019. 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 Nethermill Road
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| Price Paid | Date |
|---|---|
| £140,000 | 7 Oct 2019 |
| £120,250 | 9 Dec 2011 |
| £104,000 | 25 May 2006 |
| £46,000 | 20 Jun 2001 |
| £32,400 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £140,000 results in an estimated price of approximately £172,956.
| 7 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £140,000 | £32,956 | £172,956 |
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 | 17.321 % | £24,249 | £164,249 |
| 3 Month Average | 26.544 % | £37,162 | £177,162 |
| 6 Month Average | 18.825 % | £26,354 | £166,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £102,045 | £100,000 | 9 BRIGHTMERE ROAD |
| 25 Apr 2023 | £214,003 | £210,000 | 37 TOMSON AVENUE |
| 6 Apr 2023 | £203,812 | £200,000 | 11 PRIORSFIELD ROAD NORTH |
| 3 Feb 2023 | £188,258 | £187,000 | 74 FOWLER ROAD |
| 24 Oct 2022 | £209,301 | £210,000 | 70 TOMSON AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Jul 2014. Using an estimated price of £172,956 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on TOMSON AVENUE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Nethermill Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Circle |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Circle |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fowler Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fowler Road |