£127,157
This estimated value is based upon the latest sale price for the house of £75,952 on 30 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,952 | 30 Jun 2010 |
| £85,000 | 22 Dec 2009 |
| £68,995 | 11 Apr 2003 |
| £40,000 | 21 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £75,952 results in an estimated price of approximately £127,157.
| 30 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.419 % | £75,952 | £51,205 | £127,157 |
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 | 9.730 % | £7,390 | £83,342 |
| 3 Month Average | 51.476 % | £39,097 | £115,049 |
| 6 Month Average | 59.519 % | £45,205 | £121,157 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Feb 2014.
The average size of a house on ORCHARD DRIVE is 54 sq meters (591 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Drive |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Morgans Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morgans Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hockley Lane |
| Feb 2024 | Burglary | Under investigation | On or near Hockley Lane |