£154,680
This estimated value is based upon the latest sale price for the house of £82,500 on 6 Apr 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,500 | 6 Apr 2009 |
| £26,000 | 24 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 828 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 April 2009 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £82,500 results in an estimated price of approximately £154,680.
| 6 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £82,500 | £72,180 | £154,680 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 57.288 % | £47,262 | £129,762 |
| 3 Month Average | 70.786 % | £58,398 | £140,898 |
| 6 Month Average | 72.892 % | £60,136 | £142,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £187,887 | £185,000 | 107 KING EDWARD ROAD |
| 18 Dec 2023 | £104,718 | £101,500 | 72 KING EDWARD ROAD |
| 9 Mar 2023 | £124,072 | £122,000 | 86 KING EDWARD ROAD |
| 21 Apr 2022 | £122,416 | £118,000 | 44 ALFRED ROAD |
| 27 Oct 2020 | £215,968 | £182,750 | 98 KING EDWARD ROAD |
This house has a floor area of 76 sq meters or 828 sq feet when measured on 6 Feb 2009. Using an estimated price of £154,680 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on KING EDWARD ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alfred Road |
| Oct 2024 | Other theft | Under investigation | On or near Alfred Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alfred Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Road |