£295,646
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Sep 2020 |
| £180,000 | 11 May 2015 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £250,000 results in an estimated price of approximately £295,646.
| 4 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £250,000 | £45,646 | £295,646 |
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 | -26.958 % | £-67,394 | £182,605 |
| 3 Month Average | 2.422 % | £6,055 | £256,055 |
| 6 Month Average | 9.180 % | £22,950 | £272,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £201,224 | £200,000 | 241 YEWDALE CRESCENT |
| 22 Aug 2023 | £196,193 | £195,000 | 89 ORION CRESCENT |
| 31 Jan 2023 | £190,824 | £192,500 | 36 ORION CRESCENT |
| 29 Jul 2022 | £189,744 | £190,000 | 23 ORION CRESCENT |
| 31 May 2022 | £180,686 | £178,000 | 28 ORION CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Feb 2015. Using an estimated price of £295,647 means this house is valued at £3,695 per sq meter (£343 per sq foot).
The average size of a house on ORION CRESCENT is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Norwood Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Easenhall Close |
| Apr 2024 | Other crime | Under investigation | On or near Easenhall Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Easenhall Close |