£317,680
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 15 Oct 2021 |
| 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £285,000 results in an estimated price of approximately £317,680.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £285,000 | £32,680 | £317,680 |
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 | 10.981 % | £31,294 | £316,294 |
| 3 Month Average | -4.412 % | £-12,573 | £272,426 |
| 6 Month Average | 5.223 % | £14,885 | £299,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £555,000 | £555,000 | 994 BROAD LANE |
| 6 Dec 2023 | £257,926 | £250,000 | 36 NOVA CROFT |
| 22 Sep 2023 | £291,424 | £285,000 | 13 KENTHURST CLOSE |
| 31 Aug 2023 | £336,061 | £330,000 | 3 NOVA CROFT |
| 16 Mar 2023 | £447,473 | £440,000 | 1024 BROAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garrick Close |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kenthurst Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kenthurst Close |
| Sep 2024 | Burglary | Under investigation | On or near Orchard Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Thornton Close |