£98,669
This estimated value is based upon the latest sale price for the house of £80,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 5 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £80,000 results in an estimated price of approximately £98,669.
| 5 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £80,000 | £18,669 | £98,669 |
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 | 1.142 % | £913 | £80,913 |
| 3 Month Average | 13.132 % | £10,505 | £90,505 |
| 6 Month Average | 13.887 % | £11,109 | £91,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £167,137 | £165,000 | 34 ROLAND AVENUE |
| 8 Sep 2023 | £197,526 | £195,000 | 27 PARKGATE ROAD |
| 28 Jul 2023 | £248,342 | £245,000 | 6 PARKLAND CLOSE |
| 12 Apr 2023 | £261,819 | £259,000 | 45 ROLAND AVENUE |
| 22 Feb 2023 | £119,919 | £120,000 | 24 PARKGATE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Feb 2020. Using an estimated price of £98,670 means this house is valued at £1,315 per sq meter (£122 per sq foot).
The average size of a house on PARKGATE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Anti-social behaviour | On or near Supermarket | |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Supermarket |