£338,223
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 6 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £280,000 results in an estimated price of approximately £338,223.
| 6 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £280,000 | £58,223 | £338,223 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 12.798 % | £35,833 | £315,833 |
| 3 Month Average | -4.420 % | £-12,376 | £267,623 |
| 6 Month Average | 6.542 % | £18,317 | £298,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £205,000 | £205,000 | 407 HOLYHEAD ROAD |
| 7 Mar 2024 | £161,989 | £159,500 | 159 LAVENDER AVENUE |
| 30 Jun 2023 | £264,807 | £259,500 | 402 HOLYHEAD ROAD |
| 24 Mar 2023 | £269,501 | £265,000 | 388 HOLYHEAD ROAD |
| 6 Jan 2023 | £260,697 | £260,000 | 366 HOLYHEAD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Mar 2020. Using an estimated price of £338,224 means this house is valued at £3,979 per sq meter (£369 per sq foot).
The average size of a house on HOLYHEAD ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastlands Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastlands Grove |
| Sep 2024 | Vehicle crime | Under investigation | On or near Sherbourne Crescent |
| Sep 2024 | Anti-social behaviour | On or near Sherbourne Crescent | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherbourne Crescent |