£192,268
This estimated value is based upon the latest sale price for the house of £155,700 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,700 | 12 Sep 2018 |
| £110,000 | 10 Sep 2014 |
| £109,950 | 12 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £155,700 results in an estimated price of approximately £192,268.
| 12 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £155,700 | £36,568 | £192,268 |
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 | -10.036 % | £-15,625 | £140,074 |
| 3 Month Average | -1.222 % | £-1,903 | £153,796 |
| 6 Month Average | 17.099 % | £26,622 | £182,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,295 | £185,000 | 4 THACKERAY ROAD |
| 17 Feb 2023 | £89,939 | £90,000 | 68 VALLEY ROAD |
| 30 Jun 2022 | £183,595 | £181,000 | 65 CARROLL CRESCENT |
| 30 Jun 2022 | £253,584 | £250,000 | 53 CARROLL CRESCENT |
| 24 Jun 2022 | £203,881 | £201,000 | 12 CARROLL CRESCENT |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Jul 2014. Using an estimated price of £192,269 means this house is valued at £4,179 per sq meter (£388 per sq foot).
The average size of a house on VALLEY ROAD is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near Valley Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Valley Road |
| Mar 2024 | Other theft | Under investigation | On or near Thackeray Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thackeray Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thackeray Road |