£119,980
This estimated value is based upon the latest sale price for the house of £45,500 on 11 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,500 | 11 Oct 2002 |
| 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 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £45,500 results in an estimated price of approximately £119,980.
| 11 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £45,500 | £74,480 | £119,980 |
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 | 129.717 % | £59,021 | £104,521 |
| 3 Month Average | 158.093 % | £71,932 | £117,432 |
| 6 Month Average | 169.236 % | £77,002 | £122,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £147,992 | £146,000 | 22 NORTHEY ROAD |
| 9 Jan 2023 | £104,508 | £105,000 | 98 STATION STREET WEST |
| 25 Aug 2022 | £154,584 | £155,000 | 218 LOCKHURST LANE |
| 5 Aug 2022 | £194,477 | £195,000 | 4 PENNINGTON WAY |
| 21 Apr 2022 | £176,611 | £171,500 | 254 LOCKHURST LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Oct 2014. Using an estimated price of £119,980 means this house is valued at £1,999 per sq meter (£185 per sq foot).
The average size of a house on NORTHEY ROAD is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Northey Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Northey Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northey Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northey Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northey Road |