£307,602
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 10 Dec 2021 |
| £147,950 | 16 Jul 2010 |
| £154,000 | 1 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £285,000 results in an estimated price of approximately £307,602.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £285,000 | £22,602 | £307,602 |
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 | -13.476 % | £-38,405 | £246,594 |
| 3 Month Average | 1.590 % | £4,530 | £289,530 |
| 6 Month Average | 5.670 % | £16,159 | £301,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £172,653 | £170,000 | 13 BROOMFIELD ROAD |
| 1 Dec 2023 | £190,865 | £185,000 | 10 BROOMFIELD ROAD |
| 12 Sep 2023 | £240,297 | £235,000 | 76 ALBANY ROAD |
| 14 Apr 2023 | £181,393 | £178,000 | 34 BROOMFIELD ROAD |
| 31 Jan 2023 | £192,013 | £191,500 | 31 HAWKINS ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 22 Aug 2018. Using an estimated price of £307,603 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on ALBANY ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Albany Road |
| Sep 2024 | Anti-social behaviour | On or near Albany Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albany Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albany Road |