£218,340
This estimated value is based upon the latest sale price for the house of £171,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£171,000 | 29 Sep 2017 |
£55,000 | 26 May 1995 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £171,000 results in an estimated price of approximately £218,340.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £171,000 | £47,340 | £218,340 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -8.205 % | £-14,029 | £156,970 |
3 Month Average | 35.965 % | £61,500 | £232,500 |
6 Month Average | 22.991 % | £39,314 | £210,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £294,525 | £290,000 | 41 TANHOUSE FARM ROAD |
13 Dec 2023 | £324,986 | £315,000 | 57 MAYSWOOD ROAD |
15 Nov 2023 | £389,897 | £380,000 | 172 MAYSWOOD ROAD |
27 Oct 2023 | £281,391 | £275,000 | 8 NORGRAVE ROAD |
10 Mar 2023 | £300,010 | £295,000 | 16 NORGRAVE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Sep 2021. Using an estimated price of £218,341 means this house is valued at £2,763 per sq meter (£256 per sq foot).
The average size of a house on COPHAMS CLOSE is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cophams Close |
Oct 2024 | Other theft | Under investigation | On or near Linsey Road |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Linsey Road |
Aug 2024 | Other crime | Awaiting court outcome | On or near Tanhouse Farm Road |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tanhouse Farm Road |