£428,065
This estimated value is based upon the latest sale price for the house of £420,000 on 13 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£420,000 | 13 May 2022 |
£294,750 | 23 Dec 2016 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £420,000 results in an estimated price of approximately £428,065.
13 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £420,000 | £8,065 | £428,065 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | -27.505 % | £-115,521 | £304,478 |
3 Month Average | -18.406 % | £-77,306 | £342,693 |
6 Month Average | -8.478 % | £-35,605 | £384,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £181,589 | £180,000 | APARTMENT 2 O'BRIEN HOUSE, 27 WEIR WAY |
18 Nov 2022 | £167,965 | £170,000 | APARTMENT 3 BOURNE HOUSE, 22 GWENDOLYN DRIVE |
13 May 2022 | £428,066 | £420,000 | 16 JOSEPH LEVY WALK |
5 May 2022 | £254,801 | £250,000 | 18 GWENDOLYN DRIVE |
27 Apr 2022 | £177,640 | £172,500 | APARTMENT 4 O'BRIEN HOUSE, 27 WEIR WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Dec 2016. Using an estimated price of £428,066 means this house is valued at £4,196 per sq meter (£389 per sq foot).
The average size of a house on JOSEPH LEVY WALK is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Levy Walk |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gwendolyn Drive |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near David Spencer Drive |
Apr 2024 | Public order | Under investigation | On or near David Spencer Drive |
Apr 2024 | Anti-social behaviour | On or near David Spencer Drive |