£129,039
This estimated value is based upon the latest sale price for the house of £110,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 28 Oct 2020 |
| £73,000 | 30 Nov 2010 |
| £25,000 | 15 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £110,000 results in an estimated price of approximately £129,039.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £110,000 | £19,039 | £129,039 |
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 | -10.188 % | £-11,207 | £98,792 |
| 3 Month Average | -6.069 % | £-6,675 | £103,324 |
| 6 Month Average | 5.591 % | £6,150 | £116,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £136,748 | £135,000 | 89 NICHOLLS STREET |
| 6 Jun 2023 | £169,048 | £167,000 | 136 NICHOLLS STREET |
| 3 Apr 2023 | £242,612 | £240,000 | 43 LEOPOLD ROAD |
| 30 Mar 2023 | £201,902 | £200,000 | 4 HIGHFIELD ROAD |
| 7 Feb 2023 | £136,908 | £137,000 | 103 NICHOLLS STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Mar 2014. Using an estimated price of £129,039 means this house is valued at £1,955 per sq meter (£181 per sq foot).
The average size of a house on NICHOLLS STREET is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranby Road |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ranby Road |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road |