£311,027
This estimated value is based upon the latest sale price for the house of £255,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £255,000 results in an estimated price of approximately £311,027.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £255,000 | £56,027 | £311,027 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 7.306 % | £18,629 | £273,629 |
| 3 Month Average | -1.854 % | £-4,727 | £250,272 |
| 6 Month Average | 18.912 % | £48,226 | £303,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £365,410 | £360,000 | 82 WEBB LANE |
| 25 Aug 2023 | £257,251 | £255,000 | 156 COLE VALLEY ROAD |
| 21 Jul 2023 | £395,321 | £390,000 | 21 ST PETERS CLOSE |
| 16 Jun 2023 | £296,593 | £293,000 | 178 COLE VALLEY ROAD |
| 28 Apr 2023 | £292,146 | £289,000 | 146 COLE VALLEY ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 18 May 2018. Using an estimated price of £311,027 means this house is valued at £3,141 per sq meter (£291 per sq foot).
The average size of a house on COLE VALLEY ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleside Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coleside Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coleside Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coleside Avenue |
| Jan 2024 | Anti-social behaviour | On or near Coleside Avenue |