£300,981
This estimated value is based upon the latest sale price for the house of £198,500 on 17 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £198,500 | 17 Sep 2014 |
| £180,000 | 28 Dec 2006 |
| £155,000 | 22 Oct 2003 |
| £67,500 | 10 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 £198,500 results in an estimated price of approximately £300,981.
| 17 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £198,500 | £102,481 | £300,981 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 46.613 % | £92,526 | £291,026 |
| 3 Month Average | 61.238 % | £121,557 | £320,057 |
| 6 Month Average | 56.603 % | £112,356 | £310,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £414,475 | £407,000 | 1 ASHFIELD AVENUE |
| 26 Jun 2023 | £433,691 | £425,000 | 4 ASHFIELD AVENUE |
| 14 Jul 2022 | £284,854 | £282,000 | 5 HORNBEAM DRIVE |
| 10 Jun 2022 | £216,631 | £212,000 | 22 HORNBEAM DRIVE |
| 14 Apr 2022 | £435,717 | £420,000 | 6 RODHOUSE CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 2 Jun 2014. Using an estimated price of £300,982 means this house is valued at £4,492 per sq meter (£417 per sq foot).
The average size of a house on HORNBEAM DRIVE is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Hornbeam Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hornbeam Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitebeam Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfield Avenue |
| Oct 2024 | Anti-social behaviour | On or near Sammons Way |