£147,235
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Sep 2019 |
| 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £120,000 results in an estimated price of approximately £147,235.
| 20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £120,000 | £27,235 | £147,235 |
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 | 12.040 % | £14,448 | £134,448 |
| 3 Month Average | 15.834 % | £19,001 | £139,001 |
| 6 Month Average | 14.901 % | £17,881 | £137,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £243,607 | £240,000 | 54 ELGAR ROAD |
| 12 Sep 2023 | £224,875 | £222,000 | 57 ELGAR ROAD |
| 15 Aug 2023 | £221,942 | £220,000 | 73 PURCELL ROAD |
| 3 Oct 2022 | £184,019 | £186,000 | 16 ELGAR ROAD |
| 9 Sep 2022 | £220,222 | £222,000 | 72 PURCELL ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Apr 2019. Using an estimated price of £147,236 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on PURCELL ROAD is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elgar Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elgar Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Elgar Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Elgar Road |