£278,960
This estimated value is based upon the latest sale price for the house of £260,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 28 Jun 2021 |
| £197,000 | 17 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £260,000 results in an estimated price of approximately £278,960.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £260,000 | £18,960 | £278,960 |
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 | -17.280 % | £-44,927 | £215,072 |
| 3 Month Average | -14.751 % | £-38,353 | £221,646 |
| 6 Month Average | 0.702 % | £1,825 | £261,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £171,500 | £170,000 | 7 ENFIELD ROAD |
| 1 Aug 2023 | £161,412 | £160,000 | 75 HAREFIELD ROAD |
| 20 Jun 2023 | £182,207 | £180,000 | 72 ENFIELD ROAD |
| 3 Apr 2023 | £249,688 | £247,000 | 40 HAREFIELD ROAD |
| 14 Mar 2023 | £454,280 | £450,000 | 2 ETHELFIELD ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 Jun 2015. Using an estimated price of £278,960 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on HAREFIELD ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dronfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dronfield Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harefield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harefield Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Harefield Road |