£307,090
This estimated value is based upon the latest sale price for the house of £256,000 on 24 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£256,000 | 24 Mar 2020 |
£280,000 | 30 Nov 2006 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,367 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £256,000 results in an estimated price of approximately £307,090.
24 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.0 | 19.957 % | £256,000 | £51,090 | £307,090 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 130.303 % | £333,575 | £589,575 |
3 Month Average | 9.550 % | £24,447 | £280,447 |
6 Month Average | 11.594 % | £29,681 | £285,681 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £120,652 | £120,000 | 1 ARDGOWAN GROVE |
23 Jan 2023 | £183,389 | £185,000 | 2 HARDON ROAD |
10 Jun 2022 | £186,894 | £185,000 | 42 DUNOON DRIVE |
10 Jun 2022 | £85,870 | £85,000 | 8 ARDGOWAN GROVE |
10 Nov 2021 | £228,355 | £212,000 | 30 ARDGOWAN GROVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 5 Aug 2014. Using an estimated price of £307,091 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on INVERKIP WALK is 75 sq meters (808 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Awaiting court outcome | On or near Inverkip Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Inverkip Walk |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Inverkip Walk |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Inverkip Walk |
Jan 2024 | Public order | Action to be taken by another organisation | On or near Inverkip Walk |