£153,129
This estimated value is based upon the latest sale price for the house of £119,000 on 25 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 25 May 2017 |
| £103,000 | 28 Feb 2014 |
| 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £119,000 results in an estimated price of approximately £153,129.
| 25 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £119,000 | £34,129 | £153,129 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 11.036 % | £13,132 | £132,132 |
| 3 Month Average | 26.406 % | £31,422 | £150,422 |
| 6 Month Average | 29.085 % | £34,610 | £153,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £184,615 | £183,000 | 15 ALDER ROAD |
| 4 Aug 2023 | £166,456 | £165,000 | 25 MILL RACE LANE |
| 10 Feb 2023 | £129,913 | £130,000 | 7 ALDER ROAD |
| 31 Jan 2023 | £243,851 | £245,000 | 68 ALDER ROAD |
| 12 Jan 2023 | £194,086 | £195,000 | 78 ALDER ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 18 Dec 2013. Using an estimated price of £153,130 means this house is valued at £2,320 per sq meter (£215 per sq foot).
The average size of a house on WINDMILL ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiveycourt Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mill Race Lane |
| Feb 2024 | Burglary | Under investigation | On or near Mill Race Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Parking Area |