£1,433,667
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Sep 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 18 Sep 1997 |
| 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 September 1997 the House Price Index for WEST MIDLANDS was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £285,000 results in an estimated price of approximately £1,433,667.
| 18 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £285,000 | £1,148,667 | £1,433,667 |
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 | 216.619 % | £617,363 | £902,363 |
| 3 Month Average | 276.745 % | £788,722 | £1,073,722 |
| 6 Month Average | 295.984 % | £843,554 | £1,128,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £875,000 | £875,000 | WAVERLEY HOUSE TAMWORTH ROAD |
| 24 Mar 2023 | £320,350 | £315,000 | HUNTERS LODGE FIVEFIELD ROAD |
| 1 Jul 2022 | £328,289 | £325,000 | HILLSIDE, 601 FIVEFIELD ROAD |
| 30 Jun 2022 | £2,032,752 | £1,989,300 | HOLLY GRANGE HOLLYFAST LANE |
| 25 Feb 2022 | £691,980 | £655,000 | NEWLANDS TAMWORTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Tamworth Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tamworth Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Tamworth Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamworth Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamworth Road |