£145,367
This estimated value is based upon the latest sale price for the house of £127,000 on 22 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,000 | 22 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £127,000 results in an estimated price of approximately £145,367.
| 22 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £127,000 | £18,367 | £145,367 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -8.294 % | £-10,533 | £116,466 |
| 3 Month Average | -11.618 % | £-14,754 | £112,245 |
| 6 Month Average | -1.828 % | £-2,321 | £124,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £167,064 | £166,500 | 4 CARVER CLOSE |
| 6 Apr 2023 | £198,475 | £197,000 | 15 CARVER CLOSE |
| 31 Mar 2023 | £80,435 | £80,000 | 8 BREWSTER CLOSE |
| 19 Jan 2023 | £273,597 | £276,000 | 9 SANDGATE CRESCENT |
| 29 Nov 2022 | £172,207 | £175,000 | 40 BREWSTER CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 21 Jan 2010. Using an estimated price of £145,367 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on MAYFLOWER DRIVE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Allerton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandgate Crescent |
| Apr 2024 | Burglary | Under investigation | On or near Brewster Close |
| Apr 2024 | Burglary | Under investigation | On or near Carver Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Carver Close |