£186,606
This estimated value is based upon the latest sale price for the house of £134,000 on 11 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,000 | 11 Nov 2015 |
| £125,000 | 11 Sep 2006 |
| £56,000 | 20 Apr 2001 |
| 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £134,000 results in an estimated price of approximately £186,606.
| 11 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £134,000 | £52,606 | £186,606 |
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 | -1.125 % | £-1,507 | £132,492 |
| 3 Month Average | 2.751 % | £3,686 | £137,686 |
| 6 Month Average | 19.639 % | £26,315 | £160,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £192,855 | £190,000 | 124 TORRINGTON AVENUE |
| 9 Nov 2022 | £194,642 | £197,000 | 120 WESTCOTES |
| 24 Jun 2022 | £182,580 | £180,000 | 120 MIDDLECOTES |
| 14 Feb 2022 | £186,668 | £178,000 | 100 MIDDLECOTES |
| 30 Sep 2021 | £129,311 | £120,000 | 128 TORRINGTON AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Jul 2015. Using an estimated price of £186,606 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on WESTCOTES is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westcotes |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westcotes |
| Feb 2024 | Anti-social behaviour | On or near Westcotes | |
| Feb 2024 | Anti-social behaviour | On or near Westcotes | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westcotes |