£218,035
This estimated value is based upon the latest sale price for the house of £137,500 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £137,500 | 14 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £137,500 results in an estimated price of approximately £218,035.
| 14 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £137,500 | £80,535 | £218,035 |
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 | 25.655 % | £35,275 | £172,775 |
| 3 Month Average | 33.783 % | £46,451 | £183,951 |
| 6 Month Average | 49.772 % | £68,436 | £205,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £125,000 | £125,000 | 3 TRINITY CHURCHYARD |
| 10 Jun 2024 | £75,000 | £75,000 | 7 TRINITY CHURCHYARD |
| 3 Apr 2024 | £3,796,199 | £3,763,233 | GALA CLUBS FAIRFAX STREET |
| 7 Mar 2024 | £206,168 | £203,000 | 1 CHAUNTRY PLACE |
| 18 Dec 2023 | £742,826 | £720,000 | 9 - 10 PRIORY ROW |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 21 Sep 2018. Using an estimated price of £218,036 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on PRIORY PLACE is 72 sq meters (781 sq feet).