£285,479
This estimated value is based upon the latest sale price for the house of £283,000 on 21 Dec 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £283,000 | 21 Dec 2022 |
| £177,000 | 17 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2022 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £283,000 results in an estimated price of approximately £285,479.
| 21 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £283,000 | £2,479 | £285,479 |
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 | -12.187 % | £-34,489 | £248,510 |
| 3 Month Average | -6.957 % | £-19,688 | £263,311 |
| 6 Month Average | -6.066 % | £-17,167 | £265,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2022 | £137,855 | £138,500 | 37 MORFA GARDENS |
| 10 Oct 2022 | £164,451 | £165,000 | 46 MORFA GARDENS |
| 12 Aug 2022 | £228,569 | £227,500 | 11 GRAYSWOOD AVENUE |
| 24 Sep 2021 | £146,552 | £135,000 | 15 MORFA GARDENS |
| 27 Aug 2021 | £365,259 | £325,000 | 549 HOLYHEAD ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 31 Mar 2015.
The average size of a house on HOLYHEAD ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |