£263,234
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 9 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £145,000 results in an estimated price of approximately £263,234.
| 9 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £145,000 | £118,234 | £263,234 |
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 | 56.304 % | £81,641 | £226,641 |
| 3 Month Average | 73.967 % | £107,252 | £252,252 |
| 6 Month Average | 80.721 % | £117,045 | £262,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £170,000 | £170,000 | 186 HIPSWELL HIGHWAY |
| 14 May 2024 | £257,000 | £257,000 | 95 HIPSWELL HIGHWAY |
| 11 Oct 2023 | £230,229 | £225,000 | 121 HIPSWELL HIGHWAY |
| 26 Jun 2023 | £215,315 | £211,000 | 115 HIPSWELL HIGHWAY |
| 11 Nov 2022 | £121,432 | £122,000 | 106 HIPSWELL HIGHWAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Dec 2015. Using an estimated price of £263,234 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on HIPSWELL HIGHWAY is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Macdonald Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Ives Road |
| Oct 2024 | Burglary | Under investigation | On or near St Ives Road |
| Oct 2024 | Burglary | Under investigation | On or near St Ives Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near St Ives Road |