£3,028
This estimated value is based upon the latest sale price for the house of £3,000 on 9 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 |
---|---|
£3,000 | 9 Mar 2023 |
£298,000 | 10 Oct 2018 |
Freehold |
Floor Area: 106 sq meters or 1,140 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 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £3,000 results in an estimated price of approximately £3,028.
9 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £3,000 | £28 | £3,028 |
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 | -26.928 % | £-807 | £2,192 |
3 Month Average | -18.539 % | £-556 | £2,443 |
6 Month Average | -3.479 % | £-104 | £2,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £303,079 | £299,000 | 24 FRANKWELL DRIVE |
26 Apr 2023 | £210,264 | £208,000 | 7 DIANA DRIVE |
9 Mar 2023 | £3,029 | £3,000 | 47 FRANKWELL DRIVE |
9 Mar 2023 | £2,019 | £2,000 | 96 POTTERS GREEN ROAD |
24 Feb 2023 | £219,852 | £220,000 | 44 FRANKWELL DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 1 Mar 2018. Using an estimated price of £3,029 means this house is valued at £28 per sq meter (£2 per sq foot).
The average size of a house on FRANKWELL DRIVE is 102 sq meters (1,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Frankwell Drive | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frankwell Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milner Crescent |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Milner Crescent |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Felton Close |