£145,596
This estimated value is based upon the latest sale price for the house of £117,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 15 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £117,000 results in an estimated price of approximately £145,596.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £117,000 | £28,596 | £145,596 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 13.973 % | £16,348 | £133,348 |
| 3 Month Average | 21.317 % | £24,940 | £141,940 |
| 6 Month Average | 21.564 % | £25,229 | £142,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £161,402 | £160,000 | 143 MEADOW ROAD |
| 20 Dec 2023 | £134,121 | £130,000 | 137 MEADOW ROAD |
| 18 Sep 2023 | £208,598 | £204,000 | 7 GOSPEL OAK ROAD |
| 29 Jun 2023 | £229,601 | £225,000 | 21 BIRKDALE CLOSE |
| 21 Mar 2023 | £185,091 | £182,000 | 9 GOSPEL OAK ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Sep 2018. Using an estimated price of £145,596 means this house is valued at £2,079 per sq meter (£193 per sq foot).
The average size of a house on MEADOW ROAD is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgerow Walk |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Hedgerow Walk |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Birkdale Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rookery Lane |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rookery Lane |