£248,165
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£185,000 | 21 Jul 2016 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £185,000 results in an estimated price of approximately £248,165.
21 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £185,000 | £63,165 | £248,165 |
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 | 16.252 % | £30,066 | £215,066 |
3 Month Average | 11.577 % | £21,416 | £206,416 |
6 Month Average | 32.011 % | £59,220 | £244,220 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £205,000 | £205,000 | 407 HOLYHEAD ROAD |
15 Dec 2023 | £272,369 | £264,000 | 7 EASTLANDS GROVE |
13 Jan 2023 | £250,670 | £250,000 | 17 CHELVESTON ROAD |
30 Jun 2022 | £235,024 | £230,000 | 24 CHELVESTON ROAD |
20 May 2022 | £277,222 | £270,000 | 18 EASTLANDS GROVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Dec 2015. Using an estimated price of £248,165 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on HOLYHEAD ROAD is 99 sq meters (1,068 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastlands Grove |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastlands Grove |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Bevington Crescent |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bevington Crescent |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Bevington Crescent |