£226,273
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£130,000 | 30 Sep 2011 |
£44,000 | 1 Oct 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 906 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £130,000 results in an estimated price of approximately £226,273.
30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £130,000 | £96,273 | £226,273 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 77.568 % | £100,837 | £230,837 |
3 Month Average | 65.469 % | £85,110 | £215,110 |
6 Month Average | 79.640 % | £103,531 | £233,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £228,484 | £226,500 | 76 DRUID ROAD |
18 Dec 2023 | £180,548 | £175,000 | 20A DRUID ROAD |
23 Aug 2023 | £173,122 | £170,000 | 7 ENFIELD ROAD |
26 Aug 2022 | £226,057 | £225,000 | 19 KINGS GROVE |
4 Jul 2022 | £179,297 | £177,500 | 5 DRONFIELD ROAD |
This house has a floor area of 84 sq meters or 906 sq feet when measured on 14 Mar 2011. Using an estimated price of £226,274 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on DRUID ROAD is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dronfield Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dronfield Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dronfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dronfield Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kings Grove |