£189,535
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 12 Sep 2014 |
£66,875 | 20 Jul 2007 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £125,000 results in an estimated price of approximately £189,535.
12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £125,000 | £64,535 | £189,535 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 50.238 % | £62,797 | £187,797 |
3 Month Average | 53.873 % | £67,341 | £192,341 |
6 Month Average | 60.761 % | £75,951 | £200,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £121,987 | £119,950 | 25 BLAKELY COURT, 50 HIGHLEY DRIVE |
30 Sep 2022 | £176,882 | £177,000 | 64 HIGHLEY DRIVE |
22 Aug 2022 | £124,583 | £124,000 | 6 CORBET ROAD |
19 Jul 2022 | £303,036 | £300,000 | 72 HIGHLEY DRIVE |
17 Jun 2022 | £303,487 | £297,000 | 49 HIGHLEY DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Sep 2013. Using an estimated price of £189,535 means this house is valued at £2,669 per sq meter (£248 per sq foot).
The average size of a house on HIGHLEY DRIVE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Highley Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highley Drive |
May 2024 | Anti-social behaviour | On or near Highley Drive | |
May 2024 | Anti-social behaviour | On or near Highley Drive | |
May 2024 | Anti-social behaviour | On or near Highley Drive |