£178,409
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Nov 2007. 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 | 16 Nov 2007 |
| 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 November 2007 the House Price Index for WEST MIDLANDS was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £115,000 results in an estimated price of approximately £178,409.
| 16 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £115,000 | £63,409 | £178,409 |
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 | 42.162 % | £48,486 | £163,486 |
| 3 Month Average | 60.069 % | £69,079 | £184,079 |
| 6 Month Average | 58.058 % | £66,766 | £181,766 |
| 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 54 sq meters or 581 sq feet when measured on 12 Jul 2018. Using an estimated price of £178,409 means this house is valued at £3,303 per sq meter (£306 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 | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corbet Road |