£120,471
This estimated value is based upon the latest sale price for the house of £75,000 on 5 Apr 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 Hazel Road
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 5 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 April 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £75,000 results in an estimated price of approximately £120,471.
| 5 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £75,000 | £45,471 | £120,471 |
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 | 41.811 % | £31,358 | £106,358 |
| 3 Month Average | 59.902 % | £44,926 | £119,926 |
| 6 Month Average | 62.139 % | £46,604 | £121,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £106,870 | £105,000 | 48 HAZEL ROAD |
| 27 Nov 2023 | £172,555 | £170,000 | 59 HALL GREEN ROAD |
| 7 Aug 2023 | £156,368 | £155,000 | 56 OLD CHURCH ROAD |
| 22 Jun 2023 | £80,981 | £80,000 | 53 HAZEL ROAD |
| 24 Feb 2023 | £45,469 | £45,500 | 9 SHIRE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Oct 2019. Using an estimated price of £120,472 means this house is valued at £2,230 per sq meter (£207 per sq foot).
The average size of a house on HAZEL ROAD is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hazel Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hazel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hall Green Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hall Green Road |