£147,874
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Apr 2018. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Apr 2018 |
| £99,000 | 25 Jun 2004 |
| £48,500 | 2 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £120,000 results in an estimated price of approximately £147,874.
| 19 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £120,000 | £27,874 | £147,874 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 227.423 % | £272,908 | £392,908 |
| 3 Month Average | 23.495 % | £28,194 | £148,194 |
| 6 Month Average | -0.726 % | £-871 | £119,128 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 11 Oct 2017.
The average size of a house on DRAPERS FIELDS is 54 sq meters (587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Parking Area |