£243,837
This estimated value is based upon the latest sale price for the house of £139,384 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £139,384 | 31 Oct 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2008 the House Price Index for WEST MIDLANDS was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £139,384 results in an estimated price of approximately £243,837.
| 31 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £139,384 | £104,453 | £243,837 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 137.072 % | £191,056 | £330,440 |
| 3 Month Average | 76.934 % | £107,234 | £246,618 |
| 6 Month Average | 58.969 % | £82,193 | £221,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £248,682 | £245,000 | 2 KELVIN DRIVE |
| 19 Aug 2022 | £184,503 | £185,000 | 173 CAPE HILL |
| 17 Aug 2022 | £103,721 | £104,000 | 212 CAPE HILL |
| 18 Feb 2022 | £108,016 | £103,000 | 200 CAPE HILL |
| 20 Oct 2021 | £165,972 | £150,000 | 10 THE POPLARS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Apr 2019. Using an estimated price of £243,837 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on KELVIN DRIVE is 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kelvin Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelvin Drive |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Kelvin Drive |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Kelvin Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kelvin Drive |