£370,209
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 28 Aug 2020 |
| £265,000 | 12 Aug 2016 |
| £210,000 | 20 Jul 2011 |
| £217,000 | 15 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £310,000 results in an estimated price of approximately £370,209.
| 28 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £310,000 | £60,209 | £370,209 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -9.592 % | £-29,736 | £280,263 |
| 3 Month Average | -13.616 % | £-42,209 | £267,790 |
| 6 Month Average | 8.976 % | £27,826 | £337,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £364,904 | £358,000 | 38 MEREVALE ROAD |
| 8 Dec 2023 | £336,364 | £330,000 | 14 CHARINGWORTH ROAD |
| 17 Nov 2023 | £319,097 | £315,000 | 2 HIGHCROFT CLOSE |
| 25 Aug 2023 | £231,407 | £230,000 | 5 ARLESCOTE ROAD |
| 8 Aug 2023 | £578,770 | £575,250 | 768 OLD LODE LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Jun 2020. Using an estimated price of £370,210 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on MEREVALE ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windsor Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windsor Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Merevale Road |
| Mar 2024 | Anti-social behaviour | On or near Merevale Road | |
| Mar 2024 | Anti-social behaviour | On or near Merevale Road |