£164,971
This estimated value is based upon the latest sale price for the house of £67,500 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Victory Road
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Price Paid | Date |
---|---|
£67,500 | 14 Mar 2003 |
£20,000 | 9 May 1996 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2003 the House Price Index for WEST MIDLANDS was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £67,500 results in an estimated price of approximately £164,971.
14 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £67,500 | £97,471 | £164,971 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 169.391 % | £114,338 | £181,838 |
3 Month Average | 156.055 % | £105,337 | £172,837 |
6 Month Average | 163.023 % | £110,040 | £177,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £233,589 | £230,000 | 158 CHURCHILL AVENUE |
14 Nov 2023 | £179,558 | £175,000 | 18 CURZON AVENUE |
19 Jan 2023 | £150,402 | £150,000 | 155 CHURCHILL AVENUE |
9 Aug 2022 | £211,991 | £211,000 | 142 CHURCHILL AVENUE |
28 Jul 2022 | £131,316 | £130,000 | 73 BERESFORD AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 May 2016. Using an estimated price of £164,971 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on MEDINA ROAD is 106 sq meters (1,147 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Victory Road |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Victory Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Road |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Beresford Avenue |