£297,259
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
There has been one burglary within the last year on or near Cherry Orchard
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Mar 2020 |
| £185,000 | 12 Aug 2019 |
| £135,000 | 7 Oct 2004 |
| £88,000 | 1 Sep 1999 |
| £55,750 | 31 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 March 2020 the House Price Index for WARWICKSHIRE was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £250,000 results in an estimated price of approximately £297,259.
| 27 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £250,000 | £47,259 | £297,259 |
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 | 48.316 % | £120,789 | £370,789 |
| 3 Month Average | 13.304 % | £33,260 | £283,260 |
| 6 Month Average | 2.566 % | £6,415 | £256,415 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Dec 2019.
The average size of a house on SPRING LANE is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Orchard |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Henry Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Arthur Street |
| Jan 2024 | Anti-social behaviour | On or near Reeve Drive | |
| Jan 2024 | Anti-social behaviour | On or near Reeve Drive |