£292,818
This estimated value is based upon the latest sale price for the house of £239,950 on 10 May 2019. 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 Cromwell Drive
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| Price Paid | Date |
|---|---|
| £239,950 | 10 May 2019 |
| £190,000 | 24 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £239,950 results in an estimated price of approximately £292,818.
| 10 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £239,950 | £52,868 | £292,818 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 23.376 % | £56,090 | £296,040 |
| 3 Month Average | 17.818 % | £42,754 | £282,704 |
| 6 Month Average | 33.545 % | £80,490 | £320,440 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Mar 2016.
The average size of a house on COMPTON DRIVE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Greenfels Rise |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Greenfels Rise |
| Mar 2024 | Public order | Under investigation | On or near Oakham Drive |