£245,577
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 20 Oct 2023 |
| £171,000 | 3 Sep 2010 |
| £167,500 | 31 Jul 2007 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 56 sq meters or 602 sq feet |
This model uses changes in the Official Land Registry House Price Index for WARWICKSHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for WARWICKSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £240,000 results in an estimated price of approximately £245,577.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £240,000 | £5,577 | £245,577 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | 3.665 % | £8,796 | £248,796 |
| 3 Month Average | 6.997 % | £16,793 | £256,793 |
| 6 Month Average | 0.819 % | £1,966 | £241,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £304,681 | £300,000 | 5 CHERRY ORCHARD |
| 15 Dec 2023 | £173,326 | £168,000 | 42 HARBOURNE CLOSE |
| 20 Oct 2023 | £245,578 | £240,000 | 4 CHERRY ORCHARD |
| 17 Feb 2023 | £191,278 | £190,000 | 11 HARBOURNE CLOSE |
| 2 Jan 2023 | £185,496 | £185,000 | 21 HARBOURNE CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Feb 2020. Using an estimated price of £245,578 means this house is valued at £4,385 per sq meter (£407 per sq foot).
The average size of a house on CHERRY ORCHARD is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ashdene Gardens | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashdene Gardens |
| Oct 2024 | Theft from the person | Under investigation | On or near Reeve Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kenilworth |