£186,382
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 24 Oct 2014 |
| £55,000 | 6 Aug 2004 |
| £37,500 | 25 Jan 2002 |
| £47,000 | 3 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £125,000 results in an estimated price of approximately £186,382.
| 24 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £125,000 | £61,382 | £186,382 |
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 | 60.643 % | £75,804 | £200,804 |
| 3 Month Average | 44.728 % | £55,910 | £180,910 |
| 6 Month Average | 56.901 % | £71,126 | £196,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £258,316 | £255,000 | 16 SOMMERVILLE ROAD |
| 3 Mar 2023 | £266,440 | £265,000 | 52 RAVENSDALE ROAD |
| 25 Oct 2022 | £218,354 | £221,600 | 30 MORRIS AVENUE |
| 27 May 2022 | £243,621 | £240,000 | 39 MELLOWDEW ROAD |
| 8 Apr 2022 | £282,051 | £275,000 | 25 RAVENSDALE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 May 2014. Using an estimated price of £186,383 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on HERMITAGE ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hermitage Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hermitage Road |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Hermitage Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hermitage Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermitage Road |