£332,530
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Jul 2020 |
| £165,000 | 17 Mar 2009 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £275,000 results in an estimated price of approximately £332,530.
| 30 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £275,000 | £57,530 | £332,530 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 20.337 % | £55,926 | £330,926 |
| 3 Month Average | 15.573 % | £42,826 | £317,826 |
| 6 Month Average | 24.238 % | £66,654 | £341,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £213,740 | £210,000 | 38 REGENT ROAD |
| 30 Nov 2023 | £243,607 | £240,000 | 17 REGENT ROAD |
| 24 Apr 2023 | £308,320 | £305,000 | 17 CANTERBURY ROAD |
| 19 Aug 2022 | £413,886 | £415,000 | 16 CANTERBURY ROAD |
| 10 Feb 2022 | £235,956 | £225,000 | 55 REGENT ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 24 Aug 2019. Using an estimated price of £332,531 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on CANTERBURY ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Canterbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canterbury Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Regent Road |
| Feb 2024 | Public order | Under investigation | On or near Pinfold Lane |