£171,272
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£170,000 | 20 Apr 2023 |
£114,000 | 2 Jul 2007 |
£107,000 | 8 Jul 2004 |
£38,950 | 19 Dec 1997 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £170,000 results in an estimated price of approximately £171,272.
20 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.0 | 0.749 % | £170,000 | £1,272 | £171,272 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -14.876 % | £-25,288 | £144,711 |
3 Month Average | 8.189 % | £13,921 | £183,921 |
6 Month Average | 0.073 % | £124 | £170,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £131,063 | £130,000 | 104 ELMDALE CRESCENT |
20 Apr 2023 | £188,904 | £187,500 | 11 HONEYCOMB WAY |
20 Apr 2023 | £171,273 | £170,000 | 50 CHEVERTON ROAD |
10 Feb 2023 | £258,776 | £260,000 | 79 TINKERS FARM ROAD |
3 Feb 2023 | £177,162 | £178,000 | 122 ELMDALE CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Apr 2020. Using an estimated price of £171,273 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on CHEVERTON ROAD is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheverton Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Honeycomb Way |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Honeycomb Way |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeycomb Way |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kelby Close |