£284,377
This estimated value is based upon the latest sale price for the house of £211,995 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£211,995 | 1 Jul 2016 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £211,995 results in an estimated price of approximately £284,377.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £211,995 | £72,382 | £284,377 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 28.008 % | £59,376 | £271,371 |
3 Month Average | 32.333 % | £68,544 | £280,539 |
6 Month Average | 35.767 % | £75,824 | £287,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2023 | £183,727 | £182,500 | 314 BEAKE AVENUE |
13 Jan 2023 | £265,710 | £265,000 | 6 JOHN BOYD COURT |
25 Jul 2022 | £250,510 | £248,000 | 12 FAULKES ROAD |
15 Jul 2022 | £353,543 | £350,000 | 342 BEAKE AVENUE |
10 Jun 2022 | £362,754 | £355,000 | 16 WHITMORE MANOR CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jun 2016. Using an estimated price of £284,377 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on FAULKES ROAD is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Whitmore Manor Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitmore Manor Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Faulkes Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulkes Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Faulkes Road |