£872,736
This estimated value is based upon the latest sale price for the house of £850,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £850,000 | 27 May 2022 |
| £550,000 | 28 Aug 2009 |
| Detached |
| Freehold |
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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £850,000 results in an estimated price of approximately £872,736.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £850,000 | £22,736 | £872,736 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 3.770 % | £32,047 | £882,047 |
| 3 Month Average | -7.627 % | £-64,828 | £785,171 |
| 6 Month Average | -10.048 % | £-85,405 | £764,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £723,362 | £705,000 | 3 WELSH ROAD |
| 25 Nov 2022 | £860,974 | £865,000 | 18 KELSEY LANE |
| 5 Aug 2022 | £210,987 | £210,000 | 16 DROVERS CLOSE |
| 27 May 2022 | £872,737 | £850,000 | 1 KELSEY COURT KELSEY LANE |
| 30 Mar 2022 | £375,816 | £360,000 | 55 KELSEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Drovers Close |
| Sep 2024 | Public order | Under investigation | On or near Drovers Close |
| Jul 2024 | Public order | Under investigation | On or near Drovers Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Drovers Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meer Stones Road |