£305,452
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Dec 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 Merryfields Way
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Price Paid | Date |
---|---|
£250,000 | 13 Dec 2019 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £250,000 results in an estimated price of approximately £305,452.
13 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.0 | 22.181 % | £250,000 | £55,452 | £305,452 |
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 | -2.082 % | £-5,204 | £244,795 |
3 Month Average | -2.967 % | £-7,417 | £242,582 |
6 Month Average | 8.706 % | £21,765 | £271,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jul 2023 | £257,435 | £255,000 | 17 BECKFOOT DRIVE |
20 Jan 2023 | £227,997 | £230,000 | 34 SOLENT DRIVE |
1 Apr 2022 | £317,949 | £310,000 | 110 WIGSTON ROAD |
8 Dec 2021 | £298,774 | £280,000 | 84 WIGSTON ROAD |
26 Nov 2021 | £276,827 | £257,000 | 9 PEACOCK AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 15 Jan 2013. Using an estimated price of £305,453 means this house is valued at £2,937 per sq meter (£272 per sq foot).
The average size of a house on MERRYFIELD WAY is 152 sq meters (1,636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Merryfields Way |
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Merryfields Way |
Mar 2024 | Public order | Under investigation | On or near Merryfields Way |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Merryfields Way |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merryfields Way |