£394,982
This estimated value is based upon the latest sale price for the house of £234,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Cubley Road
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| Price Paid | Date |
|---|---|
| £234,000 | 15 Feb 2013 |
| £99,000 | 16 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,362 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 February 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £234,000 results in an estimated price of approximately £394,982.
| 15 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £234,000 | £160,982 | £394,982 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 36.521 % | £85,460 | £319,460 |
| 3 Month Average | 23.494 % | £54,974 | £288,974 |
| 6 Month Average | 64.894 % | £151,851 | £385,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £67,591 | £67,000 | FLAT 29 RIVENDELL COURT, 1051 STRATFORD ROAD |
| 9 Jun 2023 | £313,801 | £310,000 | 9 BURNASTON ROAD |
| 20 Feb 2023 | £509,657 | £510,000 | 14 SOUTHAM ROAD |
| 20 Feb 2023 | £509,657 | £510,000 | 8 SOUTHAM ROAD |
| 26 Aug 2022 | £80,783 | £81,000 | FLAT 43 RIVENDELL COURT, 1051 STRATFORD ROAD |
This house has a floor area of 126 sq meters or 1,362 sq feet when measured on 18 Mar 2011. Using an estimated price of £394,982 means this house is valued at £3,119 per sq meter (£289 per sq foot).
The average size of a house on SOUTHAM ROAD is 157 sq meters (1,690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cubley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cubley Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cubley Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cubley Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cubley Road |