£230,712
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Feb 2022 |
| £129,250 | 16 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £220,000 results in an estimated price of approximately £230,712.
| 21 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £220,000 | £10,712 | £230,712 |
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 | -14.208 % | £-31,256 | £188,743 |
| 3 Month Average | 3.878 % | £8,531 | £228,531 |
| 6 Month Average | 7.274 % | £16,002 | £236,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £176,544 | £175,000 | 46 LOUDON AVENUE |
| 7 Jul 2023 | £167,251 | £165,000 | 15 BANKS ROAD |
| 10 Feb 2023 | £249,832 | £250,000 | 39 LOUDON AVENUE |
| 6 Jan 2023 | £194,086 | £195,000 | 14 BANKS ROAD |
| 1 Jul 2022 | £150,405 | £150,000 | 35 BANKS ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 2 Jan 2015. Using an estimated price of £230,713 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on LOUDON AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Steeplefield Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leofric Street |
| Mar 2024 | Burglary | Under investigation | On or near Leofric Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Banks Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Banks Road |