£230,736
This estimated value is based upon the latest sale price for the house of £207,000 on 18 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Queen Margaret'S Road
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| Price Paid | Date |
|---|---|
| £207,000 | 18 Oct 2021 |
| £71,000 | 6 Jul 2009 |
| £21,250 | 30 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £207,000 results in an estimated price of approximately £230,736.
| 18 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £207,000 | £23,736 | £230,736 |
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 | -31.686 % | £-65,590 | £141,409 |
| 3 Month Average | -8.615 % | £-17,832 | £189,167 |
| 6 Month Average | -21.190 % | £-43,862 | £163,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2022 | £167,939 | £168,500 | 72 CHERRY TREE DRIVE |
| 1 Jun 2022 | £190,063 | £186,000 | 65 QUEEN MARGARETS ROAD |
| 31 Mar 2022 | £167,029 | £160,000 | 37 CHERRY TREE DRIVE |
| 7 Jan 2022 | £174,933 | £165,000 | 73 CHERRY TREE DRIVE |
| 16 Dec 2021 | £178,086 | £165,000 | 77 CHERRY TREE DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Oct 2019. Using an estimated price of £230,736 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on QUEEN MARGARETS ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Margaret'S Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen Margaret'S Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Margaret'S Road |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Queen Margaret'S Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Queen Margaret'S Road |