£112,805
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Jan 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 January 2005 the House Price Index for WEST MIDLANDS was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £60,000 results in an estimated price of approximately £112,805.
| 14 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £60,000 | £52,805 | £112,805 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | -2.742 % | £-1,645 | £58,354 |
| 3 Month Average | 19.201 % | £11,520 | £71,520 |
| 6 Month Average | 46.707 % | £28,023 | £88,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £142,493 | £140,000 | 64 LITTLE CALDMORE |
| 1 Dec 2023 | £305,342 | £300,000 | 19 - 20 VICARAGE PLACE |
| 25 Sep 2023 | £60,777 | £60,000 | FLAT 12 EARLS COURT, 59 CALDMORE ROAD |
| 29 Mar 2023 | £232,188 | £230,000 | 114 CALDMORE ROAD |
| 6 May 2022 | £193,649 | £190,000 | 136 CALDMORE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Dec 2013. Using an estimated price of £112,805 means this house is valued at £1,709 per sq meter (£158 per sq foot).
The average size of a house on CALDMORE ROAD is 83 sq meters (895 sq feet).