£277,699
This estimated value is based upon the latest sale price for the house of £223,500 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £223,500 | 5 Jul 2019 |
| £132,500 | 15 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £223,500 results in an estimated price of approximately £277,699.
| 5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £223,500 | £54,199 | £277,699 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -0.595 % | £-1,329 | £222,170 |
| 3 Month Average | 3.741 % | £8,362 | £231,862 |
| 6 Month Average | 13.788 % | £30,816 | £254,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £240,000 | £240,000 | 123 LAVENDER AVENUE |
| 14 Dec 2023 | £340,462 | £330,000 | 18 MALVERN ROAD |
| 19 Jun 2023 | £265,317 | £260,000 | 95 LAVENDER AVENUE |
| 14 Apr 2023 | £249,670 | £245,000 | 20 MALVERN ROAD |
| 28 Jul 2022 | £252,530 | £250,000 | 346 HOLYHEAD ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Sep 2018. Using an estimated price of £277,700 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on HOLYHEAD ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Sherbourne Crescent |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherbourne Crescent |
| Sep 2024 | Anti-social behaviour | On or near Sherbourne Crescent | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherbourne Crescent |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holyhead Road |