£892,185
This estimated value is based upon the latest sale price for the house of £183,000 on 11 Dec 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £183,000 | 11 Dec 1997 |
| Detached |
| Freehold |
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 December 1997 the House Price Index for WEST MIDLANDS was 30.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 387.533%.Applying this 387.533% change to the original purchase price of £183,000 results in an estimated price of approximately £892,185.
| 11 Dec 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.0 | 387.533 % | £183,000 | £709,185 | £892,185 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 1002.833 % | £1,835,185 | £2,018,185 |
| 3 Month Average | 331.335 % | £606,343 | £789,343 |
| 6 Month Average | 268.811 % | £491,924 | £674,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £548,334 | £545,000 | 2 CEDARWOOD DRIVE |
| 1 Mar 2023 | £563,043 | £560,000 | 12 CEDARWOOD DRIVE |
| 22 Jul 2022 | £534,278 | £535,000 | 4 WILTON ROAD |
| 15 Jun 2022 | £557,652 | £552,000 | 19 WILTON ROAD |
| 9 Dec 2021 | £1,061,716 | £995,000 | 1 ALDER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gipsy Close |
| Mar 2024 | Drugs | Under investigation | On or near Gipsy Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |