£1,162,021
This estimated value is based upon the latest sale price for the house of £950,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £950,000 | 1 May 2020 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 May 2020 the House Price Index for WARWICKSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £950,000 results in an estimated price of approximately £1,162,021.
| 1 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £950,000 | £212,021 | £1,162,021 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | -0.647 % | £-6,145 | £943,854 |
| 3 Month Average | -4.287 % | £-40,725 | £909,274 |
| 6 Month Average | 8.283 % | £78,689 | £1,028,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £693,872 | £685,000 | 15 JORDAN CLOSE |
| 12 Sep 2023 | £719,196 | £710,000 | 13 JORDAN CLOSE |
| 8 Jul 2022 | £458,986 | £457,750 | 35 HERMITAGE WAY |
| 29 Apr 2022 | £818,690 | £795,000 | 22 BULLIMORE GROVE |
| 21 Dec 2021 | £949,240 | £886,000 | 7 BULLIMORE GROVE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 28 Jan 2019. Using an estimated price of £1,162,022 means this house is valued at £6,602 per sq meter (£613 per sq foot).
The average size of a house on BIRCHES LANE is 183 sq meters (1,972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Under investigation | On or near Ferndale Drive |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Ferndale Drive |
| Mar 2024 | Other theft | Under investigation | On or near Warwick Road |
| Feb 2024 | Anti-social behaviour | On or near Warwick Road | |
| Feb 2024 | Anti-social behaviour | On or near Warwick Road |