£181,416
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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Price Paid | Date |
---|---|
£105,000 | 29 Sep 2011 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 867 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 September 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £105,000 results in an estimated price of approximately £181,416.
29 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £105,000 | £76,416 | £181,416 |
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 | 45.278 % | £47,541 | £152,541 |
3 Month Average | 46.768 % | £49,106 | £154,106 |
6 Month Average | 70.674 % | £74,207 | £179,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £120,540 | £122,000 | 106 HIPSWELL HIGHWAY |
7 Oct 2022 | £207,763 | £210,000 | 188 HIPSWELL HIGHWAY |
22 Jul 2022 | £237,640 | £237,000 | 29 MACDONALD ROAD |
4 Jul 2022 | £150,405 | £150,000 | 138 HIPSWELL HIGHWAY |
30 Jun 2022 | £375,304 | £370,000 | 2 MACDONALD ROAD |
This house has a floor area of 80 sq meters or 867 sq feet when measured on 22 Aug 2011. Using an estimated price of £181,417 means this house is valued at £2,250 per sq meter (£209 per sq foot).
The average size of a house on MACDONALD ROAD is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
Jan 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
Jan 2024 | Drugs | Under investigation | On or near Hipswell Highway |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hipswell Highway |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hipswell Highway |