£399,849
This estimated value is based upon the latest sale price for the house of £235,000 on 18 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 18 Nov 2011 |
| £105,000 | 7 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,021 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 November 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.149%.Applying this 70.149% change to the original purchase price of £235,000 results in an estimated price of approximately £399,849.
| 18 Nov 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.149 % | £235,000 | £164,849 | £399,849 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 27.657 % | £64,994 | £299,994 |
| 3 Month Average | 58.932 % | £138,490 | £373,490 |
| 6 Month Average | 57.743 % | £135,695 | £370,695 |
This house has a floor area of 94 sq meters or 1,021 sq feet when measured on 16 Aug 2011.
The average size of a house on HYPERION DRIVE is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Saffron Gardens |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Wakeley Hill |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brenton Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Drive |