£348,125
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 7 Nov 2019 |
| £129,000 | 14 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £285,000 results in an estimated price of approximately £348,125.
| 7 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £285,000 | £63,125 | £348,125 |
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 | 11.223 % | £31,984 | £316,984 |
| 3 Month Average | -0.597 % | £-1,700 | £283,299 |
| 6 Month Average | 10.029 % | £28,583 | £313,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £270,979 | £267,500 | 12 SEWALL HIGHWAY |
| 1 Aug 2023 | £211,285 | £210,000 | 6 SEWALL HIGHWAY |
| 24 Apr 2023 | £131,981 | £131,000 | FLAT 3 FYLDE HOUSE COWLEY ROAD |
| 24 Feb 2023 | £233,894 | £235,000 | 38 FARREN ROAD |
| 11 Oct 2022 | £216,285 | £219,500 | 70 HIPSWELL HIGHWAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 8 Aug 2019. Using an estimated price of £348,126 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on HIPSWELL HIGHWAY is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowley Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cowley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A4600 |
| Apr 2024 | Anti-social behaviour | On or near A4600 |