£355,595
This estimated value is based upon the latest sale price for the house of £237,500 on 3 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £237,500 | 3 Nov 2014 |
| £59,950 | 24 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £237,500 results in an estimated price of approximately £355,595.
| 3 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £237,500 | £118,095 | £355,595 |
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 | 63.678 % | £151,236 | £388,736 |
| 3 Month Average | 30.652 % | £72,797 | £310,297 |
| 6 Month Average | 67.675 % | £160,727 | £398,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £340,918 | £340,000 | 40 COLE VALLEY ROAD |
| 20 Jul 2022 | £310,837 | £310,000 | 66 COLE VALLEY ROAD |
| 21 Dec 2021 | £278,558 | £260,000 | 55 COLE VALLEY ROAD |
| 11 Dec 2020 | £183,577 | £159,950 | FLAT 12A PARADISE COURT PARADISE LANE |
| 17 Jul 2020 | £187,426 | £155,000 | FLAT 6 PARADISE COURT PARADISE LANE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 29 Mar 2016. Using an estimated price of £355,595 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on COLE VALLEY ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Parking Area |