£6,727
This estimated value is based upon the latest sale price for the house of £5,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Strathmore Avenue
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| Price Paid | Date |
|---|---|
| £5,000 | 17 Jun 2016 |
| £85,000 | 15 Oct 2008 |
| £59,950 | 4 Oct 2002 |
| £33,250 | 19 May 1995 |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £5,000 results in an estimated price of approximately £6,727.
| 17 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £5,000 | £1,727 | £6,727 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 6.260 % | £312 | £5,312 |
| 3 Month Average | -8.287 % | £-414 | £4,585 |
| 6 Month Average | 2.418 % | £120 | £5,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £175,389 | £170,000 | 57 SEAGRAVE ROAD |
| 27 Mar 2023 | £132,208 | £130,000 | 53 LONDON ROAD |
| 23 Nov 2022 | £185,134 | £186,000 | 11 STRATHMORE AVENUE |
| 1 Nov 2022 | £278,697 | £280,000 | 84 - 86 LONDON ROAD |
| 27 Jul 2022 | £181,822 | £180,000 | 15 SEAGRAVE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Oct 2017. Using an estimated price of £6,727 means this house is valued at £97 per sq meter (£9 per sq foot).
The average size of a house on SEAGRAVE ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Strathmore Avenue | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Strathmore Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Strathmore Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Avenue |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Strathmore Avenue |