£172,221
This estimated value is based upon the latest sale price for the house of £109,950 on 18 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Carmelite Road
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| Price Paid | Date |
|---|---|
| £109,950 | 18 Jun 2007 |
| £50,000 | 6 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £109,950 results in an estimated price of approximately £172,221.
| 18 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £109,950 | £62,271 | £172,221 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 390.574 % | £429,435 | £539,385 |
| 3 Month Average | 81.429 % | £89,531 | £199,481 |
| 6 Month Average | 55.321 % | £60,825 | £170,775 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Aug 2019.
The average size of a house on CARMELITE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carmelite Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Carmelite Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carmelite Road |
| Mar 2024 | Burglary | Under investigation | On or near Carmelite Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carmelite Road |