£322,505
This estimated value is based upon the latest sale price for the house of £190,000 on 1 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 1 Apr 2010 |
| £189,000 | 26 Sep 2008 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 April 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £190,000 results in an estimated price of approximately £322,505.
| 1 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £190,000 | £132,505 | £322,505 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 28.117 % | £53,423 | £243,423 |
| 3 Month Average | 30.685 % | £58,302 | £248,302 |
| 6 Month Average | 44.761 % | £85,044 | £275,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £298,617 | £295,000 | 23 MADISON CLOSE |
| 27 Oct 2022 | £306,698 | £310,000 | 17 PELHAM BEND |
| 22 Jul 2022 | £426,147 | £425,000 | 45 MANHATTAN WAY |
| 28 Jun 2022 | £268,799 | £265,000 | 422 MONTICELLO WAY |
| 28 Mar 2022 | £328,495 | £317,000 | 400 MONTICELLO WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Oct 2021. Using an estimated price of £322,505 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on PELHAM BEND is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Bend |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Savannah Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerhil Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerhil Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerhil Lane |