£161,039
This estimated value is based upon the latest sale price for the house of £104,000 on 17 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,000 | 17 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 785 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £104,000 results in an estimated price of approximately £161,039.
| 17 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £104,000 | £57,039 | £161,039 |
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 | 74.733 % | £77,722 | £181,722 |
| 3 Month Average | 60.960 % | £63,398 | £167,398 |
| 6 Month Average | 69.314 % | £72,086 | £176,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £193,000 | £193,000 | 15 CAPMARTIN ROAD |
| 21 Aug 2023 | £176,178 | £173,000 | 31 OUTERMARCH ROAD |
| 27 Jun 2023 | £204,090 | £200,000 | 55 CAPMARTIN ROAD |
| 2 Jun 2023 | £188,783 | £185,000 | 64 OWENFORD ROAD |
| 18 Nov 2022 | £184,139 | £185,000 | 59 OUTERMARCH ROAD |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 20 Aug 2010. Using an estimated price of £161,039 means this house is valued at £2,206 per sq meter (£205 per sq foot).
The average size of a house on OUTERMARCH ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Outermarch Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Outermarch Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Outermarch Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Owenford Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Owenford Road |