£121,693
This estimated value is based upon the latest sale price for the house of £70,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 5 May 2006 |
| £59,950 | 24 Sep 2003 |
| £59,950 | 24 Sep 2003 |
| £59,950 | 24 Sep 2003 |
| £59,950 | 24 Sep 2003 |
| £59,950 | 24 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2006 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 73.847%.Applying this 73.847% change to the original purchase price of £70,000 results in an estimated price of approximately £121,693.
| 5 May 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.0 | 73.847 % | £70,000 | £51,693 | £121,693 |
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 | 57.565 % | £40,295 | £110,295 |
| 3 Month Average | 47.248 % | £33,073 | £103,073 |
| 6 Month Average | 63.577 % | £44,503 | £114,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £131,691 | £130,000 | 22 LANCIA CLOSE |
| 25 Aug 2023 | £206,254 | £205,000 | 333 ALDERMANS GREEN ROAD |
| 11 Aug 2023 | £251,530 | £250,000 | 311 ALDERMANS GREEN ROAD |
| 30 Nov 2022 | £68,883 | £70,000 | 51 AINSDALE CLOSE |
| 1 Oct 2021 | £119,017 | £108,000 | 15A CANBERRA ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Jun 2016. Using an estimated price of £121,693 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on CANBERRA ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canberra Road |
| Feb 2024 | Anti-social behaviour | On or near Canberra Road | |
| Feb 2024 | Anti-social behaviour | On or near Canberra Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canberra Road |
| Feb 2024 | Anti-social behaviour | On or near Canberra Road |