£164,867
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 1 Dec 2006 |
| £81,000 | 19 Dec 2003 |
| £52,000 | 2 Aug 2001 |
| £27,500 | 6 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 756 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.867%.Applying this 64.867% change to the original purchase price of £100,000 results in an estimated price of approximately £164,867.
| 1 Dec 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.0 | 64.867 % | £100,000 | £64,867 | £164,867 |
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 | 51.417 % | £51,416 | £151,416 |
| 3 Month Average | 45.087 % | £45,086 | £145,086 |
| 6 Month Average | 57.386 % | £57,386 | £157,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £324,473 | £322,500 | 19 MARLBOROUGH ROAD |
| 23 Jun 2023 | £186,512 | £185,000 | 64 MARLBOROUGH ROAD |
| 1 Jun 2023 | £186,512 | £185,000 | 231 WALSGRAVE ROAD |
| 31 Mar 2023 | £145,788 | £145,000 | 95 MARLBOROUGH ROAD |
| 17 Oct 2022 | £149,774 | £152,000 | 21 MARLBOROUGH ROAD |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 14 Oct 2009. Using an estimated price of £164,867 means this house is valued at £2,347 per sq meter (£218 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (967 sq feet).