£290,458
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Jul 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 27 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,233 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 July 2009 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.537%.Applying this 81.537% change to the original purchase price of £160,000 results in an estimated price of approximately £290,458.
| 27 Jul 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.537 % | £160,000 | £130,458 | £290,458 |
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 | 70.899 % | £113,438 | £273,438 |
| 3 Month Average | 65.074 % | £104,118 | £264,118 |
| 6 Month Average | 78.914 % | £126,262 | £286,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £364,682 | £360,000 | 100 HINCKLEY ROAD |
| 21 Jul 2023 | £474,488 | £470,000 | 98 HINCKLEY ROAD |
| 19 Jul 2023 | £176,671 | £175,000 | 40 REGINA CRESCENT |
| 13 Apr 2023 | £282,097 | £280,000 | 85 HINCKLEY ROAD |
| 16 Feb 2023 | £320,484 | £322,000 | 2 HARMER CLOSE |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 15 Apr 2009. Using an estimated price of £290,459 means this house is valued at £2,534 per sq meter (£235 per sq foot).
The average size of a house on HINCKLEY ROAD is 125 sq meters (1,346 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Regina Crescent |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Regina Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Harmer Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shirley Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shirley Road |