£488,509
This estimated value is based upon the latest sale price for the house of £387,500 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£387,500 | 3 Nov 2017 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £387,500 results in an estimated price of approximately £488,509.
3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £387,500 | £101,009 | £488,509 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -18.506 % | £-71,710 | £315,789 |
3 Month Average | -9.488 % | £-36,767 | £350,732 |
6 Month Average | 8.085 % | £31,329 | £418,829 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £408,852 | £405,000 | 14 BRANSFORD AVENUE |
24 Feb 2023 | £506,659 | £507,000 | 8 SQUIRES WAY |
31 Aug 2022 | £363,023 | £364,000 | 32 LICHEN GREEN |
27 Jun 2022 | £436,164 | £430,000 | 11 ALDRIN WAY |
11 Mar 2022 | £471,499 | £455,000 | 21 ALDRIN WAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 27 Oct 2017. Using an estimated price of £488,509 means this house is valued at £4,175 per sq meter (£387 per sq foot).
The average size of a house on DE MONTFORT WAY is 148 sq meters (1,595 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackthorn Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near De Montfort Way |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Stare Green |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Stare Green |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bransford Avenue |