£895,334
This estimated value is based upon the latest sale price for the house of £875,000 on 19 Feb 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £875,000 | 19 Feb 2024 |
| £580,000 | 2 May 2019 |
| 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 February 2024 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £875,000 results in an estimated price of approximately £895,334.
| 19 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £875,000 | £20,334 | £895,334 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -29.904 % | £-261,664 | £613,335 |
| 3 Month Average | 12.391 % | £108,422 | £983,422 |
| 6 Month Average | 9.058 % | £79,260 | £954,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £335,303 | £325,000 | UNIT 8 229 TORRINGTON AVENUE |
| 14 Dec 2023 | £118,646 | £115,000 | 24 HAYTON GREEN |
| 17 Nov 2023 | £307,814 | £300,000 | UNIT 4 229 TORRINGTON AVENUE |
| 27 Oct 2023 | £138,137 | £135,000 | 38 GRAVEL HILL |
| 19 Aug 2022 | £226,057 | £225,000 | 5 COPLAND PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| May 2024 | Public order | Unable to prosecute suspect | On or near Binns Close |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Binns Close |
| May 2024 | Shoplifting | Unable to prosecute suspect | On or near Binns Close |