£199,463
This estimated value is based upon the latest sale price for the house of £200,000 on 17 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 17 Aug 2022 |
| £172,000 | 22 Dec 2021 |
| £156,702 | 9 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,022 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £200,000 results in an estimated price of approximately £199,463.
| 17 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £200,000 | £-536 | £199,463 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -1.270 % | £-2,540 | £197,459 |
| 3 Month Average | -11.193 % | £-22,386 | £177,613 |
| 6 Month Average | -3.498 % | £-6,996 | £193,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £283,664 | £285,000 | 8 MULLION DRIVE |
| 11 Jan 2023 | £223,945 | £225,000 | 52 MULLION DRIVE |
| 17 Aug 2022 | £199,463 | £200,000 | 8 COVERACK ROAD |
| 8 Jul 2022 | £350,945 | £350,000 | 21 KYNANCE GROVE |
| 30 Jun 2022 | £243,440 | £240,000 | 15 PENTIRE CLOSE |
This house has a floor area of 94 sq meters or 1,022 sq feet when measured on 26 Jan 2011. Using an estimated price of £199,463 means this house is valued at £2,100 per sq meter (£195 per sq foot).
The average size of a house on COVERACK ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Pentire Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pentire Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pentire Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pentire Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cadgwith Gardens |