£211,642
This estimated value is based upon the latest sale price for the house of £161,000 on 14 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £161,000 | 14 Jul 2016 |
| £136,000 | 29 Sep 2006 |
| Terraced |
| 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £161,000 results in an estimated price of approximately £211,642.
| 14 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £161,000 | £50,642 | £211,642 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -6.979 % | £-11,235 | £149,764 |
| 3 Month Average | 16.677 % | £26,849 | £187,849 |
| 6 Month Average | 37.553 % | £60,460 | £221,460 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Dec 2015.
The average size of a house on INVERNESS CLOSE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Sutherland Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aberdeen Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |