£182,568
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Oct 2021 |
| £120,000 | 17 Dec 2007 |
| £84,000 | 22 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £165,000 results in an estimated price of approximately £182,568.
| 4 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £165,000 | £17,568 | £182,568 |
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 | -2.968 % | £-4,897 | £160,102 |
| 3 Month Average | 2.263 % | £3,733 | £168,733 |
| 6 Month Average | 6.580 % | £10,857 | £175,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £238,531 | £235,000 | 54 GUARDHOUSE ROAD |
| 7 Aug 2023 | £206,809 | £205,000 | 263 TELFER ROAD |
| 24 Feb 2023 | £185,875 | £186,000 | 50 GUARDHOUSE ROAD |
| 28 Jul 2022 | £182,491 | £182,000 | 203 TELFER ROAD |
| 14 Jul 2022 | £168,453 | £168,000 | 41 GUARDHOUSE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Feb 2015. Using an estimated price of £182,569 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on GUARDHOUSE ROAD is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Guardhouse Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Guardhouse Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Guardhouse Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Guardhouse Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Guardhouse Road |