£1,194,964
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Aug 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 28 Aug 2024 |
| £122,545 | 27 Mar 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 August 2024 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £195,000 results in an estimated price of approximately £1,194,964.
| 28 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £195,000 | £999,964 | £1,194,964 |
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 | -18.053 % | £-35,202 | £159,797 |
| 3 Month Average | 16.531 % | £32,234 | £227,234 |
| 6 Month Average | 3.001 % | £5,851 | £200,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £154,723 | £154,000 | 324 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 |
| 28 Mar 2022 | £155,546 | £149,000 | 292 MONTICELLO WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Mar 2013.
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 |
| 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 |