£202,226
This estimated value is based upon the latest sale price for the house of £59,000 on 17 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,000 | 17 May 2001 |
| £42,000 | 3 Apr 1998 |
| Semi-Detached |
| Freehold |
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 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £59,000 results in an estimated price of approximately £202,226.
| 17 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £59,000 | £143,226 | £202,226 |
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 | 168.911 % | £99,657 | £158,657 |
| 3 Month Average | 193.906 % | £114,404 | £173,404 |
| 6 Month Average | 247.014 % | £145,738 | £204,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £219,420 | £217,500 | 49 THORNEY ROAD |
| 17 Jul 2023 | £177,387 | £175,000 | 38 THORNEY ROAD |
| 30 Jun 2023 | £242,943 | £240,000 | 26 THORNEY ROAD |
| 19 Jun 2023 | £209,538 | £207,000 | 22 THORNEY ROAD |
| 24 Mar 2023 | £239,759 | £237,500 | 9 ROSEHIP DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderberry Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderberry Way |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Elderberry Way |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Elderberry Way |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Elderberry Way |