£560,963
This estimated value is based upon the latest sale price for the house of £424,000 on 7 Sep 2016. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £424,000 | 7 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 September 2016 the House Price Index for WARWICKSHIRE was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £424,000 results in an estimated price of approximately £560,963.
| 7 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.0 | 32.303 % | £424,000 | £136,963 | £560,963 |
The Postcode Pricing Model uses changes in average sales price within the CV34 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 | 65.543 % | £277,901 | £701,901 |
| 3 Month Average | 5.721 % | £24,257 | £448,257 |
| 6 Month Average | 9.667 % | £40,987 | £464,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £379,174 | £372,000 | 173 PEREGRINE WAY |
| 1 Dec 2023 | £397,521 | £390,000 | 23 NIGHTINGALE AVENUE |
| 17 Jul 2023 | £434,611 | £430,500 | 28 NIGHTINGALE AVENUE |
| 17 Dec 2021 | £890,988 | £835,000 | 9 HERON WAY |
| 29 Jun 2021 | £771,523 | £722,000 | 3 MACBETH APPROACH |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Jul 2016. Using an estimated price of £560,964 means this house is valued at £5,499 per sq meter (£510 per sq foot).
The average size of a house on MERLIN WAY is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Heron Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wren Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Macbeth Approach |
| Apr 2024 | Bicycle theft | Under investigation | On or near Macbeth Approach |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Macbeth Approach |