£104,460
This estimated value is based upon the latest sale price for the house of £80,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 3 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £80,000 results in an estimated price of approximately £104,460.
| 3 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £80,000 | £24,460 | £104,460 |
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 | 21.605 % | £17,284 | £97,284 |
| 3 Month Average | 35.689 % | £28,551 | £108,551 |
| 6 Month Average | 43.402 % | £34,721 | £114,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £130,000 | £130,000 | 32 CHELSEY ROAD |
| 24 Aug 2023 | £168,031 | £165,000 | 47 LUSCOMBE ROAD |
| 24 Feb 2023 | £171,143 | £170,000 | 1 CHELSEY ROAD |
| 24 Feb 2023 | £221,479 | £220,000 | 44 FRANKWELL DRIVE |
| 26 Aug 2022 | £110,517 | £110,000 | 5 CHELSEY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Dec 2016. Using an estimated price of £104,460 means this house is valued at £1,289 per sq meter (£119 per sq foot).
The average size of a house on WATCOMBE ROAD is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Watcombe Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Watcombe Road |
| Aug 2024 | Anti-social behaviour | On or near Watcombe Road | |
| Aug 2024 | Anti-social behaviour | On or near Watcombe Road | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Kingsley Terrace |