£100,266
This estimated value is based upon the latest sale price for the house of £72,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,000 | 20 Nov 2015 |
| £27,000 | 3 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 829 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £72,000 results in an estimated price of approximately £100,266.
| 20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £72,000 | £28,266 | £100,266 |
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 | 31.910 % | £22,974 | £94,974 |
| 3 Month Average | 32.726 % | £23,562 | £95,562 |
| 6 Month Average | 49.857 % | £35,897 | £107,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £131,954 | £130,000 | 22 LANCIA CLOSE |
| 25 Sep 2023 | £253,238 | £250,000 | 309 ALDERMANS GREEN ROAD |
| 25 Aug 2023 | £206,809 | £205,000 | 333 ALDERMANS GREEN ROAD |
| 18 Aug 2023 | £127,112 | £126,000 | 29 AINSDALE CLOSE |
| 11 Aug 2023 | £252,206 | £250,000 | 311 ALDERMANS GREEN ROAD |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 26 Mar 2010. Using an estimated price of £100,266 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on CANBERRA ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canberra Road |
| Feb 2024 | Anti-social behaviour | On or near Canberra Road | |
| Feb 2024 | Anti-social behaviour | On or near Canberra Road | |
| Jan 2024 | Anti-social behaviour | On or near Canberra Road | |
| Jan 2024 | Anti-social behaviour | On or near Canberra Road |