£124,374
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 23 Nov 2021 |
£123,995 | 23 Nov 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £115,000 results in an estimated price of approximately £124,374.
23 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £115,000 | £9,374 | £124,374 |
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 | 0.971 % | £1,116 | £116,116 |
3 Month Average | 6.130 % | £7,050 | £122,050 |
6 Month Average | 6.509 % | £7,485 | £122,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £162,183 | £160,000 | 54 KINLET CLOSE |
31 Mar 2023 | £121,091 | £119,950 | 25 BLAKELY COURT, 50 HIGHLEY DRIVE |
24 Jan 2023 | £199,062 | £200,000 | 49 KINLET CLOSE |
30 Sep 2022 | £175,582 | £177,000 | 64 HIGHLEY DRIVE |
22 Aug 2022 | £123,667 | £124,000 | 6 CORBET ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Dec 2019. Using an estimated price of £124,374 means this house is valued at £2,346 per sq meter (£218 per sq foot).
The average size of a house on HIGHLEY DRIVE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highley Drive |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Corbet Road |