£195,787
This estimated value is based upon the latest sale price for the house of £124,995 on 21 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£124,995 | 21 Jun 2007 |
£90,000 | 1 Mar 2006 |
£87,500 | 2 Jun 2003 |
£60,000 | 9 Jun 2000 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 605 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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £124,995 results in an estimated price of approximately £195,787.
21 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 146.7 | 56.636 % | £124,995 | £70,792 | £195,787 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 390.574 % | £488,197 | £613,192 |
3 Month Average | 81.429 % | £101,782 | £226,777 |
6 Month Average | 55.321 % | £69,148 | £194,143 |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 1 Oct 2009.
The average size of a house on WAVELEY ROAD is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Road |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northumberland Road |
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Northumberland Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northumberland Road |
Dec 2023 | Drugs | Local resolution | On or near Northumberland Road |