£347,382
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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Price Paid | Date |
---|---|
£320,000 | 1 Sep 2021 |
£230,000 | 7 Jun 2006 |
£192,995 | 21 Feb 2003 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2021 the House Price Index for WARWICKSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £320,000 results in an estimated price of approximately £347,382.
1 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £320,000 | £27,382 | £347,382 |
The Postcode Pricing Model uses changes in average sales price within the CV23 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 | 5.331 % | £17,059 | £337,059 |
3 Month Average | 26.267 % | £84,055 | £404,055 |
6 Month Average | 13.885 % | £44,431 | £364,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £486,054 | £481,833 | 3 COTON PARK DRIVE |
1 Mar 2024 | £355,461 | £350,000 | 28 SANDPIPER CLOSE |
26 Apr 2023 | £299,604 | £294,000 | 58 COTON PARK DRIVE |
11 Aug 2022 | £381,785 | £380,000 | 22 SANDPIPER CLOSE |
7 Jul 2022 | £388,897 | £385,000 | 1 SANDPIPER CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 Jan 2020. Using an estimated price of £347,382 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on COTON PARK DRIVE is 152 sq meters (1,639 sq feet).