£58,725
This estimated value is based upon the latest sale price for the house of £59,000 on 16 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,000 | 16 Nov 2022 |
| £51,250 | 25 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £59,000 results in an estimated price of approximately £58,725.
| 16 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £59,000 | £-274 | £58,725 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 33.898 % | £19,999 | £78,999 |
| 3 Month Average | -14.512 % | £-8,562 | £50,437 |
| 6 Month Average | -9.123 % | £-5,382 | £53,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £131,542 | £127,500 | 21 NICKSON ROAD |
| 10 Oct 2023 | £188,276 | £184,000 | 5 PORTER CLOSE |
| 21 Jun 2023 | £164,292 | £161,000 | 57 RIDGLEY ROAD |
| 20 Mar 2023 | £81,359 | £80,000 | 145 PLANTS HILL CRESCENT |
| 26 Jan 2023 | £250,670 | £250,000 | 34 RIDGLEY ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 23 Aug 2013. Using an estimated price of £58,725 means this house is valued at £932 per sq meter (£86 per sq foot).
The average size of a house on NICKSON ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Nickson Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nickson Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nickson Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Nickson Road |
| Aug 2024 | Anti-social behaviour | On or near Nickson Road |