£157,210
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 21 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £105,000 results in an estimated price of approximately £157,210.
| 21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £105,000 | £52,210 | £157,210 |
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 | 29.619 % | £31,099 | £136,099 |
| 3 Month Average | 50.769 % | £53,307 | £158,307 |
| 6 Month Average | 56.155 % | £58,963 | £163,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £124,916 | £125,000 | 36 VICTORY ROAD |
| 11 Aug 2022 | £190,487 | £191,000 | 76 BERESFORD AVENUE |
| 25 Jul 2022 | £145,391 | £145,000 | 17 KITCHENER ROAD |
| 29 Oct 2021 | £226,828 | £205,000 | 57 VICTORY ROAD |
| 11 Aug 2021 | £117,140 | £105,000 | 42 VICTORY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Jun 2016. Using an estimated price of £157,210 means this house is valued at £1,894 per sq meter (£175 per sq foot).
The average size of a house on VICTORY ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Churchill Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenwick Close |