£120,655
This estimated value is based upon the latest sale price for the house of £70,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 16 Dec 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £70,000 results in an estimated price of approximately £120,655.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £70,000 | £50,655 | £120,655 |
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 | 46.267 % | £32,386 | £102,386 |
| 3 Month Average | 49.424 % | £34,596 | £104,596 |
| 6 Month Average | 71.432 % | £50,002 | £120,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £181,959 | £180,000 | 16 BARTONS MEADOW |
| 28 Mar 2023 | £193,826 | £192,000 | 12 BELLAMY CLOSE |
| 6 Oct 2022 | £168,684 | £170,500 | 31 BARTONS MEADOW |
| 24 Mar 2022 | £222,796 | £215,000 | 2 BELLAMY CLOSE |
| 13 Sep 2021 | £204,743 | £190,000 | 19 BECKETT ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 9 Jun 2021. Using an estimated price of £120,655 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on COMMON WAY is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beckett Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devon Grove |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Devon Grove |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Devon Grove |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Devon Grove |