£178,407
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £145,000 results in an estimated price of approximately £178,407.
| 15 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £145,000 | £33,407 | £178,407 |
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 | 15.303 % | £22,189 | £167,189 |
| 3 Month Average | 2.064 % | £2,992 | £147,992 |
| 6 Month Average | 14.479 % | £20,993 | £165,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £170,000 | £170,000 | 71 RINGWOOD HIGHWAY |
| 28 Jul 2023 | £201,910 | £200,000 | 59 RINGWOOD HIGHWAY |
| 9 Jun 2023 | £223,008 | £221,200 | 83 DIANA DRIVE |
| 20 Jul 2022 | £207,669 | £207,950 | 40 ANGELA AVENUE |
| 10 Jun 2022 | £237,406 | £235,000 | 160 YEWDALE CRESCENT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 8 Nov 2018. Using an estimated price of £178,408 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on DIANA DRIVE is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kinver Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Darrach Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yewdale Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Diana Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Diana Drive |