£229,186
This estimated value is based upon the latest sale price for the house of £187,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £187,000 | 22 Aug 2019 |
| £63,000 | 22 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £187,000 results in an estimated price of approximately £229,186.
| 22 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £187,000 | £42,186 | £229,186 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -1.835 % | £-3,431 | £183,568 |
| 3 Month Average | -7.270 % | £-13,595 | £173,404 |
| 6 Month Average | 4.287 % | £8,016 | £195,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £193,000 | £193,000 | 304 TILE HILL LANE |
| 30 Jun 2023 | £219,278 | £217,500 | 319 TILE HILL LANE |
| 10 Feb 2023 | £114,459 | £115,000 | FLAT 9 THORNTON COURT, 320 TILE HILL LANE |
| 24 Mar 2022 | £204,351 | £198,000 | 62 ROTHESAY AVENUE |
| 28 Feb 2022 | £216,203 | £207,000 | 8 ROTHESAY AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Jul 2012. Using an estimated price of £229,186 means this house is valued at £2,338 per sq meter (£217 per sq foot).
The average size of a house on FARR DRIVE is 75 sq meters (816 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Farr Drive |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |