£262,816
This estimated value is based upon the latest sale price for the house of £266,000 on 29 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£266,000 | 29 Nov 2022 |
£225,995 | 1 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £266,000 results in an estimated price of approximately £262,816.
29 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 148.6 | -1.197 % | £266,000 | £-3,183 | £262,816 |
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 | 4.223 % | £11,233 | £277,233 |
3 Month Average | -14.663 % | £-39,002 | £226,997 |
6 Month Average | -3.161 % | £-8,408 | £257,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £252,053 | £249,000 | 24 JACOB NELSON WAY |
14 Apr 2023 | £242,612 | £240,000 | 16 DAVID WOOD DRIVE |
29 Nov 2022 | £262,817 | £266,000 | 8 IVENS GROVE |
30 Sep 2022 | £243,037 | £245,000 | 8 KENNETH BRADSHAW CLOSE |
28 Sep 2022 | £223,198 | £225,000 | 14 DAVID WOOD DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Jan 2018. Using an estimated price of £262,817 means this house is valued at £3,504 per sq meter (£325 per sq foot).
The average size of a house on IVENS GROVE is 73 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenneth Bradshaw Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Kenneth Bradshaw Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Redland Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fullwood Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowan Grove |