£124,668
This estimated value is based upon the latest sale price for the house of £112,000 on 31 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 31 Mar 2021 |
| £110,000 | 21 Sep 2016 |
| £95,000 | 12 Feb 2009 |
| £125,000 | 6 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 March 2021 the House Price Index for WEST MIDLANDS was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £112,000 results in an estimated price of approximately £124,668.
| 31 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £112,000 | £12,668 | £124,668 |
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 | -26.549 % | £-29,735 | £82,264 |
| 3 Month Average | 23.147 % | £25,924 | £137,924 |
| 6 Month Average | 14.136 % | £15,831 | £127,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £177,146 | £175,000 | 48 WYLEY ROAD |
| 14 Mar 2023 | £138,808 | £137,500 | 25 WYLEY ROAD |
| 14 Mar 2023 | £146,379 | £145,000 | 22 OTTERBROOK COURT |
| 13 Feb 2023 | £199,866 | £200,000 | 7 DUGDALE ROAD |
| 10 Aug 2022 | £50,863 | £51,000 | 5 TAY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 Aug 2020. Using an estimated price of £124,668 means this house is valued at £2,077 per sq meter (£193 per sq foot).
The average size of a house on RADFORD ROAD is 96 sq meters (1,036 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Otterbrook Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Otterbrook Court |
| Mar 2024 | Burglary | Under investigation | On or near Dugdale Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Dugdale Road |
| Mar 2024 | Burglary | Under investigation | On or near Bede Road |