£151,582
This estimated value is based upon the latest sale price for the house of £85,000 on 16 Sep 2009. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 16 Sep 2009 |
| £86,250 | 31 Jul 2008 |
| £17,000 | 30 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for WARWICKSHIRE to estimate the market value.
When this house was purchased in September 2009 the House Price Index for WARWICKSHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £85,000 results in an estimated price of approximately £151,582.
| 16 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £85,000 | £66,582 | £151,582 |
The Postcode Pricing Model uses changes in average sales price within the CV9 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 | -20.868 % | £-17,737 | £67,262 |
| 3 Month Average | 44.511 % | £37,834 | £122,834 |
| 6 Month Average | 51.930 % | £44,140 | £129,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £113,995 | £112,000 | 4 RICHMOND ROAD |
| 5 Dec 2023 | £137,404 | £135,000 | 31 ERDINGTON ROAD |
| 15 Sep 2023 | £145,865 | £144,000 | 52 ERDINGTON ROAD |
| 31 Jan 2023 | £174,180 | £175,000 | 33 ERDINGTON ROAD |
| 4 Nov 2022 | £171,918 | £174,000 | 57 ERDINGTON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 May 2013. Using an estimated price of £151,582 means this house is valued at £2,105 per sq meter (£195 per sq foot).
The average size of a house on RICHMOND ROAD is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Road |