£316,413
This estimated value is based upon the latest sale price for the house of £305,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 8 Apr 2022 |
| £173,000 | 5 Jan 2011 |
| £94,000 | 25 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2022 the House Price Index for WARWICKSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £305,000 results in an estimated price of approximately £316,413.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £305,000 | £11,413 | £316,413 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | 133.472 % | £407,089 | £712,089 |
| 3 Month Average | 1.165 % | £3,552 | £308,552 |
| 6 Month Average | -10.077 % | £-30,733 | £274,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £320,000 | £320,000 | 54 SPRING LANE |
| 19 Dec 2023 | £335,303 | £325,000 | 32 OFFA DRIVE |
| 15 Dec 2023 | £464,266 | £450,000 | 17 OFFA DRIVE |
| 17 Mar 2023 | £345,774 | £340,000 | 4 OFFA DRIVE |
| 17 Nov 2022 | £263,767 | £265,000 | 5 CHERRY WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Sep 2015. Using an estimated price of £316,414 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on CHERRY WAY is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherry Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Lane |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Harbourne Close |
| May 2024 | Anti-social behaviour | On or near Wyncote Close |