£379,402
This estimated value is based upon the latest sale price for the house of £305,000 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 12 Jun 2018 |
| £305,000 | 18 Oct 2017 |
| 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £305,000 results in an estimated price of approximately £379,402.
| 12 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £305,000 | £74,402 | £379,402 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 83.185 % | £253,715 | £558,715 |
| 3 Month Average | 4.616 % | £14,079 | £319,079 |
| 6 Month Average | 3.227 % | £9,842 | £314,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2022 | £135,635 | £136,000 | FLAT 21 BENEDICTINE COURT PRIORY PLACE |
| 30 Jun 2022 | £121,720 | £120,000 | FLAT 5 WATERSIDE ST NICHOLAS STREET |
| 20 Nov 2020 | £127,529 | £110,000 | 112 DRAPERS FIELDS |
| 16 Oct 2020 | £131,385 | £112,000 | 86 DRAPERS FIELDS |
| 7 Oct 2020 | £103,818 | £88,500 | 24 DRAPERS FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Robbery | Awaiting court outcome | On or near Parking Area |
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |