£212,718
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£180,000 | 22 Oct 2020 |
£94,500 | 2 Nov 2012 |
£78,000 | 11 Jan 2012 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 869 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £180,000 results in an estimated price of approximately £212,718.
22 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £180,000 | £32,718 | £212,718 |
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 | 9.774 % | £17,592 | £197,592 |
3 Month Average | 5.900 % | £10,619 | £190,619 |
6 Month Average | 11.138 % | £20,048 | £200,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Mar 2023 | £3,051 | £3,000 | 47 FRANKWELL DRIVE |
24 Feb 2023 | £221,479 | £220,000 | 44 FRANKWELL DRIVE |
29 Jun 2022 | £189,041 | £185,000 | 86 MILNER CRESCENT |
10 Dec 2021 | £254,717 | £236,000 | 30 MILNER CRESCENT |
12 Aug 2021 | £211,288 | £188,000 | 15 MILNER CRESCENT |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 15 Feb 2012. Using an estimated price of £212,718 means this house is valued at £2,633 per sq meter (£244 per sq foot).
The average size of a house on MILNER CRESCENT is 96 sq meters (1,034 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milner Crescent |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Frankwell Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankwell Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Felton Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Felton Close |