£149,680
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Mar 2016. 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 | 24 Mar 2016 |
| £87,500 | 9 Dec 2011 |
| £88,650 | 7 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 650 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £110,000 results in an estimated price of approximately £149,680.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £110,000 | £39,680 | £149,680 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 76.069 % | £83,675 | £193,675 |
| 3 Month Average | 69.764 % | £76,740 | £186,740 |
| 6 Month Average | 48.464 % | £53,310 | £163,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £246,251 | £240,000 | 10 PALADINE WAY |
| 20 Apr 2023 | £239,479 | £235,000 | 28 PALADINE WAY |
| 10 Mar 2023 | £105,766 | £104,000 | APARTMENT 5 CAVALIER COURT, 193 SIDDELEY AVENUE |
| 3 May 2022 | £111,916 | £109,000 | APARTMENT 29 CAVALIER COURT, 193 SIDDELEY AVENUE |
| 9 Dec 2021 | £183,482 | £170,000 | 11 CARTER ROAD |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 19 Apr 2011. Using an estimated price of £149,681 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on PALADINE WAY is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Paladine Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Paladine Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carter Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carter Road |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Carter Road |