£168,423
This estimated value is based upon the latest sale price for the house of £126,500 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,500 | 12 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £126,500 results in an estimated price of approximately £168,423.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £126,500 | £41,923 | £168,423 |
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 | 36.261 % | £45,870 | £172,370 |
| 3 Month Average | 25.443 % | £32,185 | £158,685 |
| 6 Month Average | 37.211 % | £47,072 | £173,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £178,116 | £175,000 | 20A DRUID ROAD |
| 23 Aug 2023 | £171,500 | £170,000 | 7 ENFIELD ROAD |
| 1 Aug 2023 | £161,412 | £160,000 | 75 HAREFIELD ROAD |
| 26 Aug 2022 | £285,232 | £286,000 | 99 HAREFIELD ROAD |
| 26 Aug 2022 | £191,485 | £192,000 | 303 WALSGRAVE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 May 2016. Using an estimated price of £168,423 means this house is valued at £2,131 per sq meter (£198 per sq foot).
The average size of a house on HAREFIELD ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dronfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dronfield Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Kings Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harefield Road |