£220,623
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Jul 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £120,000 results in an estimated price of approximately £220,623.
| 1 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £120,000 | £100,623 | £220,623 |
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 | 40.546 % | £48,654 | £168,654 |
| 3 Month Average | 51.630 % | £61,955 | £181,955 |
| 6 Month Average | 73.013 % | £87,615 | £207,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £196,868 | £197,000 | 8 CLEVELAND ROAD |
| 27 Jan 2023 | £149,297 | £150,000 | 39 CAMDEN STREET |
| 8 Jul 2022 | £182,491 | £182,000 | 88 BURLINGTON ROAD |
| 8 Jul 2022 | £104,281 | £104,000 | 61 GORING ROAD |
| 4 Mar 2022 | £178,237 | £172,000 | 15 CLEVELAND ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 12 May 2016. Using an estimated price of £220,623 means this house is valued at £1,793 per sq meter (£166 per sq foot).
The average size of a house on HEATH ROAD is 82 sq meters (885 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heath Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleveland Road |