£193,922
This estimated value is based upon the latest sale price for the house of £153,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £153,000 | 29 Sep 2017 |
| £38,000 | 15 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 813 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £153,000 results in an estimated price of approximately £193,922.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £153,000 | £40,922 | £193,922 |
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 | 17.358 % | £26,558 | £179,558 |
| 3 Month Average | 6.829 % | £10,448 | £163,448 |
| 6 Month Average | 24.460 % | £37,423 | £190,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £258,832 | £255,000 | 16 SOMMERVILLE ROAD |
| 12 Sep 2023 | £202,590 | £200,000 | 61 HERMITAGE ROAD |
| 11 Sep 2023 | £238,044 | £235,000 | 59 HERMITAGE ROAD |
| 26 Apr 2023 | £205,828 | £203,612 | 6 OSWIN GROVE |
| 31 Jan 2023 | £124,414 | £125,000 | 90 ANSTY ROAD |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 23 Aug 2010. Using an estimated price of £193,922 means this house is valued at £2,564 per sq meter (£238 per sq foot).
The average size of a house on HERMITAGE ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hermitage Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hermitage Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermitage Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermitage Road |