£194,282
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£190,000 | 29 Sep 2023 |
£115,000 | 23 Mar 2017 |
£108,000 | 9 Jan 2017 |
£85,000 | 1 Aug 2003 |
£42,000 | 23 Apr 1999 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £190,000 results in an estimated price of approximately £194,282.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £190,000 | £4,282 | £194,282 |
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 | 11.519 % | £21,886 | £211,886 |
3 Month Average | -3.257 % | £-6,188 | £183,811 |
6 Month Average | 2.019 % | £3,836 | £193,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2024 | £231,000 | £231,000 | 64 BENSON ROAD |
13 Oct 2023 | £204,648 | £200,000 | 70 THE SCOTCHILL |
29 Sep 2023 | £194,283 | £190,000 | 7 MORTON CLOSE |
21 Sep 2023 | £223,936 | £219,000 | 75 BENSON ROAD |
1 Sep 2023 | £158,494 | £155,000 | 15 MORTON CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Feb 2017. Using an estimated price of £194,283 means this house is valued at £2,625 per sq meter (£243 per sq foot).
The average size of a house on MORTON CLOSE is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Morton Close |
Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Morton Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Morton Close |
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Scotchill |