£178,346
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 29 Oct 2021 |
| £113,995 | 28 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £160,000 results in an estimated price of approximately £178,346.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £160,000 | £18,346 | £178,346 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 7.891 % | £12,626 | £172,626 |
| 3 Month Average | 0.412 % | £659 | £160,659 |
| 6 Month Average | -19.529 % | £-31,246 | £128,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £156,403 | £154,000 | 338 MONTICELLO WAY |
| 12 Oct 2023 | £153,486 | £150,000 | 386 MONTICELLO WAY |
| 19 Aug 2022 | £231,081 | £230,000 | 360 MONTICELLO WAY |
| 10 Aug 2022 | £128,601 | £128,000 | 366 MONTICELLO WAY |
| 24 Jun 2022 | £156,342 | £153,000 | 318 MONTICELLO WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 Jul 2021. Using an estimated price of £178,347 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on MONTICELLO WAY is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Monticello Way |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Monticello Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monticello Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Monticello Way |