£173,046
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Sep 2019 |
| £41,500 | 10 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2019 the House Price Index for WARWICKSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £140,000 results in an estimated price of approximately £173,046.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £140,000 | £33,046 | £173,046 |
The Postcode Pricing Model uses changes in average sales price within the CV11 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 | -9.379 % | £-13,130 | £126,869 |
| 3 Month Average | 7.887 % | £11,041 | £151,041 |
| 6 Month Average | 12.956 % | £18,137 | £158,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £190,000 | £190,000 | 15 GIPSY LANE |
| 14 May 2024 | £240,000 | £240,000 | 3 FAULTLANDS CLOSE |
| 3 Apr 2024 | £180,568 | £179,000 | 28 BRITTEN CLOSE |
| 15 Dec 2023 | £185,706 | £180,000 | 32 FAULTLANDS CLOSE |
| 29 Nov 2023 | £189,818 | £185,000 | 6 TIPPETT CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Mar 2019. Using an estimated price of £173,047 means this house is valued at £1,901 per sq meter (£176 per sq foot).
The average size of a house on TIPPETT CLOSE is 105 sq meters (1,134 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).