£422,143
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 15 Jun 2020 |
| Freehold |
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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £350,000 results in an estimated price of approximately £422,143.
| 15 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £350,000 | £72,143 | £422,143 |
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 | 70.766 % | £247,681 | £597,681 |
| 3 Month Average | 5.342 % | £18,696 | £368,696 |
| 6 Month Average | 0.179 % | £625 | £350,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £107,025 | £105,000 | FLAT 10 HILLMAN HOUSE SMITHFORD WAY |
| 1 Nov 2023 | £162,081 | £160,000 | FLAT 30 THE CO-OPERATIVE, 18 CORPORATION STREET |
| 3 Mar 2023 | £140,761 | £140,000 | FLAT 27 HILLMAN HOUSE SMITHFORD WAY |
| 28 Sep 2022 | £6,916 | £7,000 | 31 SMITHFORD WAY |
| 12 Sep 2022 | £177,837 | £180,000 | 10 IRONMONGER ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cross Cheaping |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Cheaping |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Cheaping |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cross Cheaping |