£508,491
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 17 Mar 2023 |
| £145,500 | 9 Oct 1998 |
| £126,500 | 16 May 1997 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £500,000 results in an estimated price of approximately £508,491.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £500,000 | £8,491 | £508,491 |
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 | -15.449 % | £-77,245 | £422,754 |
| 3 Month Average | -3.762 % | £-18,809 | £481,190 |
| 6 Month Average | -3.966 % | £-19,828 | £480,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £508,492 | £500,000 | 39 TILEHURST DRIVE |
| 26 Jan 2023 | £376,005 | £375,000 | 18 TILEHURST DRIVE |
| 22 Aug 2022 | £490,544 | £488,250 | 49 TILEHURST DRIVE |
| 25 May 2022 | £559,578 | £545,000 | 3 BEECHNUT CLOSE |
| 28 Jan 2022 | £263,989 | £249,000 | 7 OAK WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Sep 2018. Using an estimated price of £508,492 means this house is valued at £5,409 per sq meter (£502 per sq foot).
The average size of a house on TILEHURST DRIVE is 121 sq meters (1,311 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holywell Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfield Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ensign Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ensign Close |
| Oct 2024 | Anti-social behaviour | On or near Winceby Place |