£193,025
This estimated value is based upon the latest sale price for the house of £114,500 on 3 May 2013. 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 Herrick Road
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| Price Paid | Date |
|---|---|
| £114,500 | 3 May 2013 |
| £91,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £114,500 results in an estimated price of approximately £193,025.
| 3 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £114,500 | £78,525 | £193,025 |
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 | 72.008 % | £82,449 | £196,949 |
| 3 Month Average | 78.148 % | £89,479 | £203,979 |
| 6 Month Average | 80.090 % | £91,703 | £206,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £167,575 | £165,000 | 39 HERRICK ROAD |
| 20 Oct 2023 | £187,253 | £183,000 | 166 TENNYSON ROAD |
| 4 Aug 2023 | £186,361 | £183,000 | 28 HERRICK ROAD |
| 4 Aug 2023 | £213,857 | £210,000 | 47 HERRICK ROAD |
| 12 Jun 2023 | £208,733 | £204,550 | 139 TENNYSON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Mar 2015. Using an estimated price of £193,025 means this house is valued at £3,164 per sq meter (£293 per sq foot).
The average size of a house on HERRICK ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Herrick Road |
| Sep 2024 | Anti-social behaviour | On or near Herrick Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Herrick Road |
| Sep 2024 | Anti-social behaviour | On or near Herrick Road | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Herrick Road |