£160,399
This estimated value is based upon the latest sale price for the house of £97,000 on 9 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Holmes Drive
More crime details
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| Price Paid | Date |
|---|---|
| £97,000 | 9 Aug 2013 |
| £49,950 | 1 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £97,000 results in an estimated price of approximately £160,399.
| 9 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £97,000 | £63,399 | £160,399 |
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 | 16.718 % | £16,216 | £113,216 |
| 3 Month Average | 49.197 % | £47,720 | £144,720 |
| 6 Month Average | 60.108 % | £58,304 | £155,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £262,473 | £260,000 | 78 DESPARD ROAD |
| 17 Feb 2023 | £309,792 | £310,000 | 30 DESPARD ROAD |
| 30 Jan 2023 | £241,363 | £242,500 | 31 HOLMES DRIVE |
| 25 Oct 2022 | £218,151 | £220,500 | 16 DESPARD ROAD |
| 24 Aug 2022 | £354,047 | £355,000 | 50 DESPARD ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 9 Jul 2013. Using an estimated price of £160,399 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on UPPER EASTERN GREEN LANE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Holmes Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holmes Drive |
| 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 |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellowship Road |