£285,035
This estimated value is based upon the latest sale price for the house of £212,995 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£212,995 | 30 Sep 2016 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £212,995 results in an estimated price of approximately £285,035.
30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £212,995 | £72,040 | £285,035 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 18.990 % | £40,447 | £253,442 |
3 Month Average | 29.168 % | £62,125 | £275,120 |
6 Month Average | 27.448 % | £58,463 | £271,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £224,959 | £220,000 | 50 SIGNALS DRIVE |
29 Oct 2021 | £284,240 | £255,000 | 163 ANGLIAN WAY |
29 Oct 2021 | £278,667 | £250,000 | 13 SIGNALS DRIVE |
30 Sep 2021 | £267,050 | £246,000 | 49 MIDDLESEX ROAD |
23 Sep 2021 | £246,967 | £227,500 | 148 SIGNALS DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 13 Sep 2016. Using an estimated price of £285,035 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on SIGNALS DRIVE is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Signals Drive |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Signals Drive |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Signals Drive |
Jun 2024 | Anti-social behaviour | On or near Signals Drive | |
Jun 2024 | Anti-social behaviour | On or near Signals Drive |