£212,328
This estimated value is based upon the latest sale price for the house of £124,950 on 5 Apr 2012. 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 The Drive
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| Price Paid | Date |
|---|---|
| £124,950 | 5 Apr 2012 |
| £44,000 | 18 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 920 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 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.931%.Applying this 69.931% change to the original purchase price of £124,950 results in an estimated price of approximately £212,328.
| 5 Apr 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.0 | 69.931 % | £124,950 | £87,378 | £212,328 |
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 | 72.794 % | £90,955 | £215,905 |
| 3 Month Average | 55.362 % | £69,174 | £194,124 |
| 6 Month Average | 70.560 % | £88,165 | £213,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £251,872 | £250,000 | 233 HIPSWELL HIGHWAY |
| 11 Apr 2022 | £187,179 | £182,500 | 235 TENNYSON ROAD |
| 8 Apr 2022 | £215,333 | £209,950 | 316 HIPSWELL HIGHWAY |
| 14 Mar 2022 | £213,640 | £207,000 | 215 HIPSWELL HIGHWAY |
| 26 Nov 2021 | £185,215 | £171,950 | 2 THE DRIVE |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 3 Feb 2012. Using an estimated price of £212,329 means this house is valued at £2,482 per sq meter (£230 per sq foot).
The average size of a house on HIPSWELL HIGHWAY is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Apr 2024 | Drugs | Under investigation | On or near The Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near The Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |