£181,017
This estimated value is based upon the latest sale price for the house of £116,250 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,250 | 17 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £116,250 results in an estimated price of approximately £181,017.
| 17 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £116,250 | £64,767 | £181,017 |
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 | 37.714 % | £43,843 | £160,093 |
| 3 Month Average | 61.972 % | £72,042 | £188,292 |
| 6 Month Average | 65.743 % | £76,426 | £192,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £180,929 | £178,250 | 4 FRASER ROAD |
| 15 Aug 2023 | £201,765 | £200,000 | 3 BENSON ROAD |
| 3 Apr 2023 | £187,014 | £185,000 | 13 LOCKE CLOSE |
| 7 Mar 2023 | £232,188 | £230,000 | 19 LOCKE CLOSE |
| 27 Feb 2023 | £219,852 | £220,000 | 20 THE SCOTCHILL |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 Jan 2015. Using an estimated price of £181,017 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on THE SCOTCHILL is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Locke Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Locke Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Locke Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Locke Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Locke Close |