£743,507
This estimated value is based upon the latest sale price for the house of £732,500 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £732,500 | 3 Nov 2023 |
| 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 November 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £732,500 results in an estimated price of approximately £743,507.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £732,500 | £11,007 | £743,507 |
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 | 15.477 % | £113,367 | £845,867 |
| 3 Month Average | -0.656 % | £-4,803 | £727,696 |
| 6 Month Average | 3.260 % | £23,878 | £756,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £743,508 | £732,500 | UNIT 1 VILLIERS COURT MERIDEN BUSINESS PARK |
| 15 Aug 2023 | £395,964 | £392,500 | 7 LUXOR LANE |
| 15 Aug 2023 | £476,166 | £472,000 | 6 DAYTONA DRIVE |
| 21 Jul 2023 | £420,662 | £415,000 | HOWCOMBE BIRMINGHAM ROAD |
| 7 Jul 2023 | £435,866 | £430,000 | 22 DAYTONA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luxor Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Luxor Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luxor Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |