£243,227
This estimated value is based upon the latest sale price for the house of £195,000 on 15 May 2018. 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 Instone Road
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| Price Paid | Date |
|---|---|
| £195,000 | 15 May 2018 |
| £95,000 | 26 Jul 2002 |
| £59,000 | 1 May 2002 |
| Semi-Detached |
| Freehold |
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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £195,000 results in an estimated price of approximately £243,227.
| 15 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £195,000 | £48,227 | £243,227 |
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 | 15.542 % | £30,306 | £225,306 |
| 3 Month Average | 22.298 % | £43,481 | £238,481 |
| 6 Month Average | 23.183 % | £45,206 | £240,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £216,897 | £215,000 | 247 BEAKE AVENUE |
| 16 Jun 2023 | £207,514 | £205,000 | 215 SADLER ROAD |
| 30 Mar 2023 | £257,425 | £255,000 | 17 BERWYN AVENUE |
| 17 Mar 2023 | £186,760 | £185,000 | 3 BORROWDALE CLOSE |
| 13 Mar 2023 | £166,569 | £165,000 | 242 SADLER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Instone Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Instone Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Instone Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beake Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beake Avenue |