£256,975
This estimated value is based upon the latest sale price for the house of £207,995 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £207,995 | 27 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £207,995 results in an estimated price of approximately £256,975.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £207,995 | £48,980 | £256,975 |
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 | 10.320 % | £21,465 | £229,460 |
| 3 Month Average | 12.828 % | £26,682 | £234,677 |
| 6 Month Average | 15.161 % | £31,533 | £239,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £203,562 | £200,000 | 9 PARAGON WAY |
| 17 Dec 2020 | £246,758 | £215,000 | 27 CHELMSFORD DRIVE |
| 30 Jun 2020 | £214,350 | £177,000 | 4 CHELMSFORD DRIVE |
| 25 Jun 2020 | £214,350 | £177,000 | 25 OWENS ROAD |
| 22 Jun 2020 | £317,286 | £262,000 | 28 CHELMSFORD DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Jun 2019. Using an estimated price of £256,975 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on OWENS ROAD is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Marpen Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marpen Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Drive |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Chelmsford Drive |
| Mar 2024 | Other crime | Under investigation | On or near Owens Road |