£234,841
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 24 Feb 2023 |
| £136,500 | 20 Oct 2005 |
| Terraced |
| Freehold |
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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £235,000 results in an estimated price of approximately £234,841.
| 24 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £235,000 | £-158 | £234,841 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -15.220 % | £-35,767 | £199,232 |
| 3 Month Average | -18.476 % | £-43,418 | £191,581 |
| 6 Month Average | -5.895 % | £-13,853 | £221,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £248,682 | £245,000 | 10 FARREN ROAD |
| 24 Feb 2023 | £234,842 | £235,000 | 38 FARREN ROAD |
| 23 Nov 2022 | £204,029 | £206,500 | 3 FARREN ROAD |
| 25 Oct 2022 | £178,083 | £180,000 | 58 OLDHAM AVENUE |
| 11 Oct 2022 | £217,162 | £219,500 | 70 HIPSWELL HIGHWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hocking Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Oldham Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A4600 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4600 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A4600 |