£1,007,549
This estimated value is based upon the latest sale price for the house of £500,000 on 7 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 7 May 2004 |
| £195,000 | 23 Aug 1996 |
| Detached |
| Freehold |
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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £500,000 results in an estimated price of approximately £1,007,549.
| 7 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £500,000 | £507,549 | £1,007,549 |
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 | 412.999 % | £2,064,994 | £2,564,994 |
| 3 Month Average | 114.962 % | £574,810 | £1,074,810 |
| 6 Month Average | 92.078 % | £460,392 | £960,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £116,728 | £115,000 | APARTMENT 8 BERKSWELL HALL MERIDEN ROAD |
| 21 Sep 2023 | £253,238 | £250,000 | APARTMENT 13 BERKSWELL HALL MERIDEN ROAD |
| 28 Jun 2023 | £328,985 | £325,000 | 21 POUND CLOSE |
| 28 Oct 2021 | £282,152 | £255,000 | 2 EBORNE CROFT |
| 17 Dec 2020 | £3,701,376 | £3,225,000 | BEAR INN SPENCERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Church Lane | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hallmeadow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmot Close |