£187,920
This estimated value is based upon the latest sale price for the house of £152,500 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,500 | 20 Nov 2018 |
| £99,000 | 24 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £152,500 results in an estimated price of approximately £187,920.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £152,500 | £35,420 | £187,920 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 25.139 % | £38,337 | £190,837 |
| 3 Month Average | -30.190 % | £-46,040 | £106,459 |
| 6 Month Average | 12.794 % | £19,511 | £172,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £113,451 | £112,000 | FLAT 15 CASTLETON COURT, 1 GILLDOWN PLACE |
| 5 Jul 2023 | £162,183 | £160,000 | 62 WARWICK CREST |
| 19 Apr 2023 | £93,507 | £92,500 | FLAT 3 APPLETON COURT, 5 GILLDOWN PLACE |
| 9 Mar 2023 | £151,427 | £150,000 | 49 WARWICK CREST |
| 17 Oct 2022 | £183,029 | £185,000 | FLAT 18 DUNSTON COURT, 52 WHEELEYS ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 22 May 2019. Using an estimated price of £187,921 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on CARPENTER ROAD is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melton Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melton Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Drive |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |