£127,410
This estimated value is based upon the latest sale price for the house of £125,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 8 Dec 2023 |
| £99,450 | 19 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 515 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 2023 the House Price Index for WEST MIDLANDS was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £125,000 results in an estimated price of approximately £127,410.
| 8 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £125,000 | £2,410 | £127,410 |
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 | 4.764 % | £5,954 | £130,954 |
| 3 Month Average | -11.260 % | £-14,075 | £110,924 |
| 6 Month Average | -8.111 % | £-10,139 | £114,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,567 | £185,000 | 4 THACKERAY ROAD |
| 8 Dec 2023 | £127,410 | £125,000 | FLAT 5 DICKENSON COURT, 33 VALLEY ROAD |
| 5 Jul 2022 | £262,645 | £263,000 | 22 BURROUGHS CLOSE |
| 30 Jun 2022 | £182,853 | £181,000 | 65 CARROLL CRESCENT |
| 24 Jun 2022 | £203,058 | £201,000 | 12 CARROLL CRESCENT |
This house has a floor area of 47 sq meters or 515 sq feet when measured on 23 Nov 2009. Using an estimated price of £127,410 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on VALLEY ROAD is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Carpenter Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carpenter Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenter Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edgar Walk |