£193,019
This estimated value is based upon the latest sale price for the house of £155,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 3 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £155,000 results in an estimated price of approximately £193,019.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £155,000 | £38,019 | £193,019 |
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 | 19.871 % | £30,800 | £185,800 |
| 3 Month Average | 25.521 % | £39,557 | £194,557 |
| 6 Month Average | 16.015 % | £24,822 | £179,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £280,000 | £280,000 | 2 MALMESBURY ROAD |
| 1 May 2024 | £152,000 | £152,000 | 81 EDWARD ROAD |
| 10 Nov 2023 | £210,339 | £205,000 | 13 CHARLECOTE ROAD |
| 3 Feb 2023 | £241,614 | £240,000 | 52 MALMESBURY ROAD |
| 28 Nov 2022 | £233,906 | £235,000 | 56 CHARLECOTE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Nov 2018. Using an estimated price of £193,020 means this house is valued at £2,443 per sq meter (£226 per sq foot).
The average size of a house on MALMESBURY ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Malmesbury Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Charlecote Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Charlecote Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Road |