£145,076
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 8 Mar 2022 |
| £112,000 | 11 Feb 2005 |
| £98,000 | 6 Jun 2003 |
| £85,500 | 9 May 2002 |
| £49,950 | 20 Nov 1998 |
| £38,500 | 24 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £140,000 results in an estimated price of approximately £145,076.
| 8 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £140,000 | £5,076 | £145,076 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | -11.030 % | £-15,442 | £124,557 |
| 3 Month Average | -10.928 % | £-15,299 | £124,700 |
| 6 Month Average | -19.643 % | £-27,500 | £112,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £390,948 | £392,000 | 185 MAIN ROAD |
| 4 Aug 2022 | £109,705 | £110,000 | FLAT 18 DARLASTON COURT, 123 MAIN ROAD |
| 8 Jun 2022 | £395,590 | £390,000 | 3 WHICHCOTE AVENUE |
| 27 May 2022 | £331,241 | £325,000 | 7 LEYS LANE |
| 24 May 2022 | £316,973 | £311,000 | 4 WATERFALL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waterfall Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Waterfall Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mons Avenue |