£564,981
This estimated value is based upon the latest sale price for the house of £307,500 on 17 Apr 2009. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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| Price Paid | Date |
|---|---|
| £307,500 | 17 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,450 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 April 2009 the House Price Index for WARWICKSHIRE was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £307,500 results in an estimated price of approximately £564,981.
| 17 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £307,500 | £257,481 | £564,981 |
The Postcode Pricing Model uses changes in average sales price within the CV11 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 | 77.134 % | £237,186 | £544,686 |
| 3 Month Average | 58.596 % | £180,181 | £487,681 |
| 6 Month Average | 71.064 % | £218,521 | £526,021 |
This house has a floor area of 134 sq meters or 1,450 sq feet when measured on 20 Feb 2009.
The average size of a house on HINCKLEY ROAD is 145 sq meters (1,564 sq feet).