£207,420
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 December 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £110,000 results in an estimated price of approximately £207,420.
| 22 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £110,000 | £97,420 | £207,420 |
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 | 58.945 % | £64,839 | £174,839 |
| 3 Month Average | 78.340 % | £86,173 | £196,173 |
| 6 Month Average | 81.273 % | £89,400 | £199,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £121,091 | £119,950 | 25 BLAKELY COURT, 50 HIGHLEY DRIVE |
| 20 Mar 2023 | £353,329 | £350,000 | 11 CHORLEY WAY |
| 30 Sep 2022 | £175,582 | £177,000 | 64 HIGHLEY DRIVE |
| 22 Aug 2022 | £123,667 | £124,000 | 6 CORBET ROAD |
| 19 Jul 2022 | £300,810 | £300,000 | 72 HIGHLEY DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Jul 2019. Using an estimated price of £207,420 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on CORBET ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corbet Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Corbet Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Corbet Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |