£248,377
This estimated value is based upon the latest sale price for the house of £93,500 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £93,500 | 4 Oct 2002 |
| £60,100 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 519 sq feet |
This model uses changes in the Official Land Registry House Price Index for WARWICKSHIRE to estimate the market value.
When this house was purchased in October 2002 the House Price Index for WARWICKSHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £93,500 results in an estimated price of approximately £248,377.
| 4 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £93,500 | £154,877 | £248,377 |
The Postcode Pricing Model uses changes in average sales price within the CV31 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 | 125.778 % | £117,602 | £211,102 |
| 3 Month Average | 146.236 % | £136,730 | £230,230 |
| 6 Month Average | 151.073 % | £141,253 | £234,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £281,199 | £275,000 | 48 PROSPECT ROAD |
| 1 Aug 2023 | £215,385 | £211,500 | 39 PROSPECT ROAD |
| 22 Mar 2023 | £279,671 | £275,000 | 8 ST MARGARETS ROAD |
| 23 May 2022 | £323,426 | £315,000 | 56 PROSPECT ROAD |
| 8 Nov 2021 | £240,784 | £221,000 | 20 OFFA ROAD |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 25 Mar 2009. Using an estimated price of £248,378 means this house is valued at £5,145 per sq meter (£478 per sq foot).
The average size of a house on PROSPECT ROAD is 94 sq meters (1,015 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (519 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Offa Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Arden Close |
| Jun 2024 | Possession of weapons | Under investigation | On or near Arden Close |
| May 2024 | Robbery | Under investigation | On or near Arden Close |