£279,816
This estimated value is based upon the latest sale price for the house of £164,000 on 25 Apr 2012. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £164,000 | 25 Apr 2012 |
| £170,000 | 5 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2012 the House Price Index for WARWICKSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £164,000 results in an estimated price of approximately £279,816.
| 25 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £164,000 | £115,816 | £279,816 |
The Postcode Pricing Model uses changes in average sales price within the B49 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 | -10.004 % | £-16,407 | £147,592 |
| 3 Month Average | 30.127 % | £49,407 | £213,407 |
| 6 Month Average | 41.098 % | £67,400 | £231,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £257,425 | £255,000 | 1 SPRINGFIELD ROAD |
| 12 Aug 2022 | £274,262 | £275,000 | 42 SPRINGFIELD ROAD |
| 13 Apr 2022 | £210,079 | £204,000 | 2 SPRINGFIELD ROAD |
| 10 Sep 2021 | £234,915 | £218,000 | 25 KINGFISHER WAY |
| 25 Sep 2020 | £220,853 | £186,000 | 3 ARROW COURT ADAMS WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 24 Nov 2014. Using an estimated price of £279,816 means this house is valued at £4,663 per sq meter (£433 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Kingfisher Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aspen Close |
| Apr 2024 | Anti-social behaviour | On or near Blackthorn Way | |
| Apr 2024 | Anti-social behaviour | On or near Blackthorn Way | |
| Apr 2024 | Anti-social behaviour | On or near Blackthorn Way |