£156,126
This estimated value is based upon the latest sale price for the house of £117,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 28 Oct 2016 |
| £122,500 | 4 May 2007 |
| £45,000 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 454 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £117,000 results in an estimated price of approximately £156,126.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £117,000 | £39,126 | £156,126 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -36.676 % | £-42,910 | £74,089 |
| 3 Month Average | 19.119 % | £22,368 | £139,368 |
| 6 Month Average | 56.466 % | £66,065 | £183,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £140,311 | £136,000 | 1 RYECROFT COTTAGES COTON ROAD |
| 30 Nov 2023 | £205,209 | £200,000 | 22A RYECROFT AVENUE |
| 20 Oct 2023 | £312,088 | £305,000 | 4 WESTMINSTER AVENUE |
| 24 Aug 2023 | £157,847 | £155,000 | 7 RYECROFT AVENUE |
| 25 Nov 2022 | £238,883 | £240,000 | 6 RYECROFT AVENUE |
This house has a floor area of 42 sq meters or 454 sq feet when measured on 15 Sep 2010. Using an estimated price of £156,126 means this house is valued at £3,699 per sq meter (£343 per sq foot).
The average size of a house on COTON ROAD is 108 sq meters (1,164 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Ryecroft Avenue |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ryecroft Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sutherland Road |
| Sep 2024 | Public order | Under investigation | On or near Sutherland Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Rosemary Crescent West |