£494,406
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Apr 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cover Croft
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| Price Paid | Date |
|---|---|
| £245,000 | 27 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2004 the House Price Index for WEST MIDLANDS was 72.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 101.799%.Applying this 101.799% change to the original purchase price of £245,000 results in an estimated price of approximately £494,406.
| 27 Apr 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 146.7 | 101.799 % | £245,000 | £249,406 | £494,406 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 48.543 % | £118,930 | £363,930 |
| 3 Month Average | 90.271 % | £221,163 | £466,163 |
| 6 Month Average | 92.928 % | £227,673 | £472,673 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 31 Jan 2015.
The average size of a house on ARUN WAY is 140 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cover Croft |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chater Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Witham Close |
| Mar 2024 | Public order | Under investigation | On or near Horsfall Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Horsfall Drive |