£195,388
This estimated value is based upon the latest sale price for the house of £131,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 12 Dec 2014 |
| £100,000 | 19 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 sq feet |
This model uses changes in the Official Land Registry House Price Index for WARWICKSHIRE to estimate the market value.
When this house was purchased in December 2014 the House Price Index for WARWICKSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £131,000 results in an estimated price of approximately £195,388.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £131,000 | £64,388 | £195,388 |
The Postcode Pricing Model uses changes in average sales price within the CV9 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 | -23.489 % | £-30,771 | £100,228 |
| 3 Month Average | 42.892 % | £56,188 | £187,188 |
| 6 Month Average | 33.516 % | £43,906 | £174,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £113,995 | £112,000 | 4 RICHMOND ROAD |
| 5 Dec 2023 | £137,404 | £135,000 | 31 ERDINGTON ROAD |
| 15 Sep 2023 | £145,865 | £144,000 | 52 ERDINGTON ROAD |
| 31 Jan 2023 | £174,180 | £175,000 | 33 ERDINGTON ROAD |
| 4 Nov 2022 | £171,918 | £174,000 | 57 ERDINGTON ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 13 May 2014. Using an estimated price of £195,388 means this house is valued at £3,757 per sq meter (£349 per sq foot).
The average size of a house on ERDINGTON ROAD is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erdington Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Road |