£566,557
This estimated value is based upon the latest sale price for the house of £447,000 on 28 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 |
|---|---|
| £447,000 | 28 Sep 2017 |
| £277,000 | 20 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £447,000 results in an estimated price of approximately £566,557.
| 28 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £447,000 | £119,557 | £566,557 |
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 | -0.103 % | £-459 | £446,540 |
| 3 Month Average | 7.910 % | £35,357 | £482,357 |
| 6 Month Average | 17.559 % | £78,490 | £525,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £146,578 | £145,000 | 83 ORLESCOTE ROAD |
| 11 Nov 2022 | £138,324 | £140,000 | 59 ORLESCOTE ROAD |
| 14 Oct 2022 | £554,035 | £560,000 | 10 JACOB DRIVE |
| 1 Jul 2022 | £320,864 | £320,000 | 142 CANNON HILL ROAD |
| 18 Mar 2022 | £145,077 | £140,000 | 11 ORLESCOTE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 9 Aug 2016. Using an estimated price of £566,557 means this house is valued at £3,934 per sq meter (£365 per sq foot).
The average size of a house on CANNON HILL ROAD is 142 sq meters (1,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Thorn Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Orlescote Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orlescote Road |
| Apr 2024 | Other theft | Under investigation | On or near Orlescote Road |
| Apr 2024 | Other theft | Under investigation | On or near Orlescote Road |