£151,051
This estimated value is based upon the latest sale price for the house of £124,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£124,000 | 24 Jul 2020 |
£23,000 | 1 Sep 1997 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £124,000 results in an estimated price of approximately £151,051.
24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £124,000 | £27,051 | £151,051 |
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 | 29.527 % | £36,613 | £160,613 |
3 Month Average | 11.605 % | £14,389 | £138,389 |
6 Month Average | 22.549 % | £27,960 | £151,960 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2024 | £205,000 | £205,000 | 55 NUNTS PARK AVENUE |
26 Apr 2024 | £161,402 | £160,000 | 143 MEADOW ROAD |
20 Dec 2023 | £134,121 | £130,000 | 137 MEADOW ROAD |
7 Nov 2023 | £205,209 | £200,000 | 97 NUNTS PARK AVENUE |
18 Sep 2023 | £208,598 | £204,000 | 7 GOSPEL OAK ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 8 Apr 2013. Using an estimated price of £151,051 means this house is valued at £1,987 per sq meter (£184 per sq foot).
The average size of a house on GOSPEL OAK ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gospel Oak Road |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gospel Oak Road |
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Nunts Park Avenue |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |