£98,524
This estimated value is based upon the latest sale price for the house of £74,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £74,000 | 5 Aug 2016 |
| £68,500 | 25 Mar 2010 |
| £55,000 | 2 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 sq feet |
This model uses changes in the Official Land Registry House Price Index for WARWICKSHIRE to estimate the market value.
When this house was purchased in August 2016 the House Price Index for WARWICKSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £74,000 results in an estimated price of approximately £98,524.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £74,000 | £24,524 | £98,524 |
The Postcode Pricing Model uses changes in average sales price within the CV12 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 | 43.560 % | £32,234 | £106,234 |
| 3 Month Average | 4.012 % | £2,968 | £76,968 |
| 6 Month Average | 38.866 % | £28,760 | £102,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £99,473 | £98,000 | 23 CADMAN CLOSE |
| 10 Mar 2023 | £282,663 | £280,000 | 27 RYE PIECE RINGWAY |
| 22 Feb 2023 | £118,920 | £119,000 | 91 KING STREET |
| 23 Jan 2023 | £108,489 | £109,000 | 10 RYE PIECE RINGWAY |
| 22 Apr 2022 | £185,312 | £179,950 | 60 CHAPEL STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 May 2020. Using an estimated price of £98,524 means this house is valued at £1,387 per sq meter (£128 per sq foot).
The average size of a house on EDWARD ROAD is 83 sq meters (897 sq feet).