£213,246
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £175,000 results in an estimated price of approximately £213,246.
| 14 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £175,000 | £38,246 | £213,246 |
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 | 12.841 % | £22,472 | £197,472 |
| 3 Month Average | 2.389 % | £4,180 | £179,180 |
| 6 Month Average | 10.191 % | £17,833 | £192,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Dec 2023 | £270,110 | £265,000 | 53 MELLOWDEW ROAD |
| 28 Jul 2023 | £277,626 | £275,000 | 43 MELLOWDEW ROAD |
| 21 Apr 2023 | £146,086 | £145,000 | FLAT 12 SHELLEY COURT LONGFELLOW ROAD |
| 30 Mar 2023 | £248,342 | £247,000 | 76 MELLOWDEW ROAD |
| 22 Feb 2023 | £144,317 | £145,000 | FLAT 19 LONGFELLOW COURT LONGFELLOW ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Oct 2019. Using an estimated price of £213,246 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on MELLOWDEW ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Longfellow Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longfellow Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longfellow Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfellow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfellow Road |