£126,155
This estimated value is based upon the latest sale price for the house of £87,000 on 6 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 6 Jul 2015 |
| £90,000 | 25 Aug 2006 |
| £57,500 | 28 Jun 2002 |
| £45,000 | 9 Jun 2000 |
| Terraced |
| 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £87,000 results in an estimated price of approximately £126,155.
| 6 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £87,000 | £39,155 | £126,155 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 202.347 % | £176,041 | £263,041 |
| 3 Month Average | 53.363 % | £46,425 | £133,425 |
| 6 Month Average | 68.250 % | £59,377 | £146,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £176,028 | £172,500 | 8 MENDIP CLOSE |
| 31 Mar 2023 | £203,397 | £200,000 | 22 ROOKER CRESCENT |
| 17 Feb 2023 | £251,681 | £250,000 | 35 COTSWOLD ROAD |
| 17 Feb 2023 | £161,076 | £160,000 | 25 ROOKER CRESCENT |
| 30 Jan 2023 | £180,482 | £180,000 | 52 CHEVIOT ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Apr 2014. Using an estimated price of £126,155 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on CHEVIOT ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rooker Crescent |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rooker Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Road |
| Jun 2024 | Anti-social behaviour | On or near Cotswold Road |