£304,150
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Oct 2018 |
| £102,000 | 12 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £245,000 results in an estimated price of approximately £304,150.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £245,000 | £59,150 | £304,150 |
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 | 16.294 % | £39,919 | £284,919 |
| 3 Month Average | 16.140 % | £39,543 | £284,543 |
| 6 Month Average | 19.996 % | £48,991 | £293,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £2,034 | £2,000 | 96 POTTERS GREEN ROAD |
| 9 Mar 2023 | £3,051 | £3,000 | 47 FRANKWELL DRIVE |
| 24 Feb 2023 | £221,479 | £220,000 | 44 FRANKWELL DRIVE |
| 16 Feb 2023 | £251,681 | £250,000 | 109 POTTERS GREEN ROAD |
| 29 Jun 2022 | £189,041 | £185,000 | 86 MILNER CRESCENT |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 1 Aug 2018. Using an estimated price of £304,151 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on FRANKWELL DRIVE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Frankwell Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Frankwell Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frankwell Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frankwell Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milner Crescent |