£148,581
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 10 Mar 2016 |
£71,000 | 16 May 2002 |
£71,000 | 19 Jul 2001 |
£49,250 | 16 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £110,000 results in an estimated price of approximately £148,581.
10 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £110,000 | £38,581 | £148,581 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 157.875 % | £173,662 | £283,662 |
3 Month Average | 29.614 % | £32,575 | £142,575 |
6 Month Average | 20.888 % | £22,977 | £132,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £124,414 | £125,000 | 128 DRAPERS FIELDS |
17 Nov 2022 | £116,588 | £118,000 | 122 DRAPERS FIELDS |
4 Oct 2022 | £125,647 | £127,000 | 31 DRAPERS FIELDS |
10 Aug 2022 | £132,643 | £133,000 | 180 DRAPERS FIELDS |
28 Jan 2022 | £194,695 | £185,000 | 57 DRAPERS FIELDS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Sep 2015. Using an estimated price of £148,581 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on DRAPERS FIELDS is 54 sq meters (587 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near The Moorings |
Apr 2024 | Drugs | Under investigation | On or near The Moorings |
Apr 2024 | Drugs | Under investigation | On or near The Moorings |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Moorings |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Moorings |