£159,854
This estimated value is based upon the latest sale price for the house of £132,000 on 25 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,000 | 25 Jun 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £132,000 results in an estimated price of approximately £159,854.
| 25 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £132,000 | £27,854 | £159,854 |
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 | -25.971 % | £-34,281 | £97,718 |
| 3 Month Average | 11.940 % | £15,760 | £147,760 |
| 6 Month Average | 21.378 % | £28,218 | £160,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £199,866 | £200,000 | 35 OWENS ROAD |
| 9 Dec 2021 | £136,601 | £127,500 | APARTMENT 12 CHILDER HOUSE, 3 CHILDER CLOSE |
| 25 Feb 2021 | £150,984 | £133,000 | APARTMENT 6 BROOKLYN HOUSE, 30 OWENS ROAD |
| 25 Feb 2021 | £148,714 | £131,000 | APARTMENT 9 BROOKLYN HOUSE, 30 OWENS ROAD |
| 25 Feb 2021 | £149,849 | £132,000 | APARTMENT 20 BROOKLYN HOUSE, 30 OWENS ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Mar 2020. Using an estimated price of £159,854 means this house is valued at £2,756 per sq meter (£256 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 | Violence and sexual offences | Under investigation | On or near Owens Road |
| Mar 2024 | Other crime | Under investigation | On or near Owens Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owens Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owens Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Owens Road |