£476,589
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Mar 2011. 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 |
|---|---|
| £275,000 | 18 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,463 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 March 2011 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £275,000 results in an estimated price of approximately £476,589.
| 18 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £275,000 | £201,589 | £476,589 |
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 | 44.211 % | £121,579 | £396,579 |
| 3 Month Average | 66.558 % | £183,034 | £458,034 |
| 6 Month Average | 56.472 % | £155,298 | £430,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £277,409 | £275,000 | 15 PENRUDDOCK DRIVE |
| 15 Dec 2023 | £147,018 | £142,500 | FLAT 16 WOODGATE HOUSE, 20 PENRUDDOCK DRIVE |
| 2 Jun 2023 | £158,170 | £155,000 | FLAT 3 WOODGATE HOUSE, 20 PENRUDDOCK DRIVE |
| 3 Feb 2023 | £362,421 | £360,000 | 42 CROMWELL LANE |
| 25 May 2022 | £155,039 | £151,000 | FLAT 22 HIDCOTE HOUSE, 2 PENRUDDOCK DRIVE |
This house has a floor area of 135 sq meters or 1,463 sq feet when measured on 28 Feb 2011. Using an estimated price of £476,589 means this house is valued at £3,505 per sq meter (£325 per sq foot).
The average size of a house on BOURCHIER CLOSE is 137 sq meters (1,475 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Penruddock Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penruddock Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penruddock Drive |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Penruddock Drive |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Lane |