£142,845
This estimated value is based upon the latest sale price for the house of £83,000 on 15 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 15 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.103%.Applying this 72.103% change to the original purchase price of £83,000 results in an estimated price of approximately £142,845.
| 15 Jul 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.103 % | £83,000 | £59,845 | £142,845 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 66.233 % | £54,973 | £137,973 |
| 3 Month Average | 71.274 % | £59,157 | £142,157 |
| 6 Month Average | 71.694 % | £59,506 | £142,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £155,471 | £154,000 | 36 COTSWOLD ROAD |
| 26 Jun 2023 | £173,910 | £172,500 | 8 MENDIP CLOSE |
| 31 Mar 2023 | £201,087 | £200,000 | 22 ROOKER CRESCENT |
| 17 Feb 2023 | £248,823 | £250,000 | 35 COTSWOLD ROAD |
| 17 Feb 2023 | £159,247 | £160,000 | 25 ROOKER CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Dec 2016. Using an estimated price of £142,845 means this house is valued at £1,660 per sq meter (£154 per sq foot).
The average size of a house on CHEVIOT ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheviot Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mendip Close |