£131,683
This estimated value is based upon the latest sale price for the house of £130,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 8 Sep 2023 |
| £40,000 | 18 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £130,000 results in an estimated price of approximately £131,683.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £130,000 | £1,683 | £131,683 |
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 | -8.049 % | £-10,463 | £119,536 |
| 3 Month Average | -5.548 % | £-7,212 | £122,787 |
| 6 Month Average | -0.731 % | £-949 | £129,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £202,590 | £200,000 | 88 TREHERNE ROAD |
| 8 Sep 2023 | £131,684 | £130,000 | 66 TELFER ROAD |
| 6 Sep 2023 | £131,684 | £130,000 | 105 TELFER ROAD |
| 11 Aug 2023 | £187,642 | £186,000 | 68 TREHERNE ROAD |
| 25 Jul 2023 | £157,115 | £155,000 | 58 TELFER ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 10 Dec 2013. Using an estimated price of £131,684 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on TELFER ROAD is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Drugs | Under investigation | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grangemouth Road |