£591,547
This estimated value is based upon the latest sale price for the house of £450,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 21 Jul 2016 |
| £355,000 | 6 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 July 2016 the House Price Index for WARWICKSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £450,000 results in an estimated price of approximately £591,547.
| 21 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £450,000 | £141,547 | £591,547 |
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 | 43.630 % | £196,335 | £646,335 |
| 3 Month Average | 10.688 % | £48,094 | £498,094 |
| 6 Month Average | 12.669 % | £57,010 | £507,010 |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 19 May 2016.
The average size of a house on PENNEY LANE is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dovehouse Close |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Marish |
| Feb 2024 | Vehicle crime | Under investigation | On or near Torres Close |