£239,132
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 28 Oct 2019 |
| £140,000 | 14 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £195,000 results in an estimated price of approximately £239,132.
| 28 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £195,000 | £44,132 | £239,132 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 1.378 % | £2,687 | £197,687 |
| 3 Month Average | 16.285 % | £31,756 | £226,756 |
| 6 Month Average | 15.692 % | £30,599 | £225,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £285,652 | £282,000 | 62 CLAYTON ROAD |
| 16 Aug 2023 | £363,177 | £360,000 | 9 DONNINGTON AVENUE |
| 30 Jun 2023 | £293,556 | £290,000 | 116 FORFIELD ROAD |
| 19 Oct 2022 | £280,975 | £284,000 | 43 DALLINGTON ROAD |
| 30 Aug 2022 | £269,275 | £270,000 | 31 FORFIELD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Apr 2019. Using an estimated price of £239,133 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on FORFIELD ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forfield Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newhaven Close |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Newhaven Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dallington Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dallington Road |