£284,645
This estimated value is based upon the latest sale price for the house of £236,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £236,000 | 26 Jun 2020 |
| £140,000 | 22 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £236,000 results in an estimated price of approximately £284,645.
| 26 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £236,000 | £48,645 | £284,645 |
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 | -21.438 % | £-50,593 | £185,406 |
| 3 Month Average | 16.340 % | £38,562 | £274,562 |
| 6 Month Average | 22.561 % | £53,242 | £289,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £229,339 | £225,000 | 393 MIDDLEMARCH ROAD |
| 2 Jun 2023 | £186,512 | £185,000 | 64 OWENFORD ROAD |
| 31 Mar 2023 | £75,408 | £75,000 | 339 MIDDLEMARCH ROAD |
| 18 Nov 2022 | £182,048 | £185,000 | 59 OUTERMARCH ROAD |
| 22 Jun 2022 | £193,966 | £192,000 | 349 MIDDLEMARCH ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Jun 2017. Using an estimated price of £284,646 means this house is valued at £5,082 per sq meter (£472 per sq foot).
The average size of a house on OWENFORD ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owenford Road |
| Apr 2024 | Anti-social behaviour | On or near Owenford Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owenford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Owenford Road |
| Mar 2024 | Other theft | Under investigation | On or near Owenford Road |