£183,923
This estimated value is based upon the latest sale price for the house of £107,500 on 8 Jun 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £107,500 | 8 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 752 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 June 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £107,500 results in an estimated price of approximately £183,923.
| 8 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £107,500 | £76,423 | £183,923 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 32.980 % | £35,453 | £142,953 |
| 3 Month Average | 60.212 % | £64,727 | £172,227 |
| 6 Month Average | 69.913 % | £75,156 | £182,656 |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 22 Feb 2011.
The average size of a house on DESPARD ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Despard Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Despard Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holmes Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Holmes Drive |
| Dec 2023 | Other theft | Under investigation | On or near Coniston Drive |