£215,497
This estimated value is based upon the latest sale price for the house of £38,000 on 5 May 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £38,000 | 5 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 910 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 May 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £38,000 results in an estimated price of approximately £215,497.
| 5 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £38,000 | £177,497 | £215,497 |
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 | 444.520 % | £168,917 | £206,917 |
| 3 Month Average | 394.015 % | £149,725 | £187,725 |
| 6 Month Average | 417.457 % | £158,633 | £196,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £226,971 | £225,000 | 18 CARVER CLOSE |
| 8 Mar 2024 | £169,098 | £166,500 | 4 CARVER CLOSE |
| 17 Aug 2023 | £198,582 | £195,000 | 32 CARVER CLOSE |
| 13 Apr 2023 | £209,926 | £206,000 | 10 CARVER CLOSE |
| 6 Apr 2023 | £200,755 | £197,000 | 15 CARVER CLOSE |
This house has a floor area of 84 sq meters or 910 sq feet when measured on 24 Nov 2011. Using an estimated price of £215,497 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on MAYFLOWER DRIVE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Mayflower Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sandgate Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewster Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewster Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Brewster Close |