£1,265,647
This estimated value is based upon the latest sale price for the house of £1,175,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,175,000 | 25 Nov 2021 |
| £415,000 | 30 May 2003 |
| Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 November 2021 the House Price Index for WARWICKSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £1,175,000 results in an estimated price of approximately £1,265,647.
| 25 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £1,175,000 | £90,647 | £1,265,647 |
The Postcode Pricing Model uses changes in average sales price within the OX17 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 | -39.798 % | £-467,620 | £707,379 |
| 3 Month Average | -6.102 % | £-71,695 | £1,103,304 |
| 6 Month Average | -1.861 % | £-21,871 | £1,153,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £356,929 | £355,000 | NUTSHELL COTTAGE VICARAGE CLOSE |
| 18 Aug 2022 | £471,812 | £475,000 | CASA PEDRA THE PADDOCKS |
| 30 Jun 2022 | £995,085 | £985,000 | ORCHARD HOUSE CHURCH LANE |
| 25 Feb 2022 | £2,193,366 | £2,100,000 | CHURCH FARM CHURCH LANE |
| 25 Nov 2021 | £1,265,648 | £1,175,000 | COBWEB COTTAGE MOLLINGTON LANE |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 16 Mar 2021. Using an estimated price of £1,265,648 means this house is valued at £4,619 per sq meter (£429 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bakehouse Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bury Court Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lane Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Hill |