£117,617
This estimated value is based upon the latest sale price for the house of £48,000 on 25 Feb 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£48,000 | 25 Feb 2003 |
£23,000 | 13 Oct 2000 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 February 2003 the House Price Index for WEST MIDLANDS was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £48,000 results in an estimated price of approximately £117,617.
25 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £48,000 | £69,617 | £117,617 |
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 | 115.199 % | £55,295 | £103,295 |
3 Month Average | 148.569 % | £71,313 | £119,313 |
6 Month Average | 157.450 % | £75,576 | £123,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £106,360 | £105,000 | 76 ELD ROAD |
3 Aug 2022 | £209,436 | £210,000 | 253 CROSS ROAD |
8 Jul 2022 | £155,418 | £155,000 | 193 CROSS ROAD |
5 Nov 2021 | £129,782 | £120,000 | 174 CROSS ROAD |
1 Sep 2021 | £145,475 | £135,000 | 184 CROSS ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Sep 2020. Using an estimated price of £117,617 means this house is valued at £2,027 per sq meter (£188 per sq foot).
The average size of a house on CROSS ROAD is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Cross Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |