£168,764
This estimated value is based upon the latest sale price for the house of £128,000 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £128,000 | 30 Jun 2016 |
| Terraced |
| Freehold |
| 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £128,000 results in an estimated price of approximately £168,764.
| 30 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £128,000 | £40,764 | £168,764 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -4.964 % | £-6,353 | £121,646 |
| 3 Month Average | 24.893 % | £31,863 | £159,863 |
| 6 Month Average | 45.010 % | £57,613 | £185,613 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Mar 2013.
The average size of a house on FARMAN ROAD is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farman Road |
| Mar 2024 | Burglary | Under investigation | On or near Latham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Latham Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Latham Road |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Latham Road |