£178,720
This estimated value is based upon the latest sale price for the house of £168,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Latham Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £168,000 | 2 Sep 2021 |
| £36,500 | 18 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £168,000 results in an estimated price of approximately £178,720.
| 2 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £168,000 | £10,720 | £178,720 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -29.873 % | £-50,186 | £117,813 |
| 3 Month Average | 0.817 % | £1,372 | £169,372 |
| 6 Month Average | 8.096 % | £13,600 | £181,600 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Jul 2020.
The average size of a house on MELBOURNE ROAD is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Latham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Latham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Latham Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Latham Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Latham Road |