£453,197
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Sep 2014. 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 |
|---|---|
| £305,000 | 30 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £305,000 results in an estimated price of approximately £453,197.
| 30 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £305,000 | £148,197 | £453,197 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -2.530 % | £-7,716 | £297,283 |
| 3 Month Average | 38.078 % | £116,138 | £421,138 |
| 6 Month Average | 46.784 % | £142,691 | £447,691 |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 15 Apr 2013.
The average size of a house on PARKHILL DRIVE is 126 sq meters (1,361 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Beaumaris Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaumaris Close |
| Jan 2024 | Burglary | Under investigation | On or near Polperro Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Polperro Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Appledore Drive |