£229,185
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£150,000 | 11 Jul 2014 |
£140,000 | 25 May 2007 |
£120,000 | 25 Aug 2006 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 980 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £150,000 results in an estimated price of approximately £229,185.
11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £150,000 | £79,185 | £229,185 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 28.539 % | £42,809 | £192,809 |
3 Month Average | 55.611 % | £83,416 | £233,416 |
6 Month Average | 62.731 % | £94,096 | £244,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £266,445 | £262,500 | 12 DUNCROFT AVENUE |
11 Aug 2023 | £218,915 | £217,000 | 32 BRACKLEY CLOSE |
25 Jul 2023 | £278,752 | £275,000 | 1 DRUMMOND CLOSE |
10 Feb 2023 | £241,837 | £242,000 | 94 NORMAN PLACE ROAD |
22 Jun 2022 | £289,085 | £285,000 | 4 DRUMMOND CLOSE |
This house has a floor area of 91 sq meters or 980 sq feet when measured on 28 Sep 2011. Using an estimated price of £229,186 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on NORMAN PLACE ROAD is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Place Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norman Place Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Norman Place Road |
Mar 2024 | Other theft | Under investigation | On or near Drummond Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drummond Close |