£199,616
This estimated value is based upon the latest sale price for the house of £125,000 on 8 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 8 May 2007 |
£44,950 | 23 Dec 1997 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £125,000 results in an estimated price of approximately £199,616.
8 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £125,000 | £74,616 | £199,616 |
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 | 36.179 % | £45,223 | £170,223 |
3 Month Average | 37.927 % | £47,408 | £172,408 |
6 Month Average | 58.907 % | £73,634 | £198,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £205,629 | £203,000 | 6 SAXON ROAD |
11 Aug 2023 | £224,968 | £223,000 | 20 SAXON ROAD |
2 Jun 2023 | £101,226 | £100,000 | 47 ROMAN ROAD |
15 Feb 2023 | £1,099,260 | £1,100,000 | FLAT 1 35A DANE ROAD |
22 Aug 2022 | £219,409 | £220,000 | 13 SAXON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Oct 2013. Using an estimated price of £199,616 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on WELSH ROAD is 94 sq meters (1,021 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Welsh Road | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Welsh Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Welsh Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Saxon Road |