£253,035
This estimated value is based upon the latest sale price for the house of £169,950 on 23 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Orwell Road
More crime details
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| Price Paid | Date |
|---|---|
| £169,950 | 23 Feb 2015 |
| £108,000 | 28 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £169,950 results in an estimated price of approximately £253,035.
| 23 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £169,950 | £83,085 | £253,035 |
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 | 23.916 % | £40,645 | £210,595 |
| 3 Month Average | 38.506 % | £65,440 | £235,390 |
| 6 Month Average | 58.642 % | £99,661 | £269,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £130,000 | £130,000 | 136 TERRY ROAD |
| 27 Mar 2024 | £180,270 | £177,500 | 53 WELLAND ROAD |
| 21 Apr 2023 | £197,698 | £194,000 | 86 TERRY ROAD |
| 19 Apr 2023 | £179,355 | £176,000 | 27 WELLAND ROAD |
| 21 Mar 2023 | £166,785 | £164,000 | 26 ORWELL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Nov 2014. Using an estimated price of £253,036 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on TERRY ROAD is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Orwell Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Orwell Road |
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Orwell Road |
| May 2024 | Robbery | Under investigation | On or near Orwell Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Orwell Road |