£172,685
This estimated value is based upon the latest sale price for the house of £132,250 on 15 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,250 | 15 Mar 2017 |
| £37,500 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £132,250 results in an estimated price of approximately £172,685.
| 15 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £132,250 | £40,435 | £172,685 |
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 | 28.984 % | £38,331 | £170,581 |
| 3 Month Average | 27.098 % | £35,836 | £168,086 |
| 6 Month Average | 42.516 % | £56,226 | £188,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £207,576 | £203,000 | 6 SAXON ROAD |
| 11 Aug 2023 | £227,096 | £223,000 | 20 SAXON ROAD |
| 2 Jun 2023 | £102,045 | £100,000 | 47 ROMAN ROAD |
| 15 Feb 2023 | £1,107,397 | £1,100,000 | FLAT 1 35A DANE ROAD |
| 22 Aug 2022 | £221,034 | £220,000 | 13 SAXON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Oct 2016. Using an estimated price of £172,686 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on WELSH ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Welsh Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shakespeare Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Shakespeare Street |