£612,116
This estimated value is based upon the latest sale price for the house of £615,000 on 19 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £615,000 | 19 Jan 2023 |
| £211,000 | 25 May 1999 |
| £198,950 | 22 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £615,000 results in an estimated price of approximately £612,116.
| 19 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £615,000 | £-2,883 | £612,116 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -16.075 % | £-98,858 | £516,141 |
| 3 Month Average | -12.947 % | £-79,622 | £535,377 |
| 6 Month Average | -8.541 % | £-52,524 | £562,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £587,913 | £580,000 | 18 BUTTERWORTH DRIVE |
| 2 Jun 2023 | £627,602 | £620,000 | 4 BUTTERWORTH DRIVE |
| 19 Jan 2023 | £612,117 | £615,000 | 5 APPLECROSS CLOSE |
| 14 Jul 2022 | £500,347 | £499,000 | 32 BROADWELLS CRESCENT |
| 20 May 2022 | £657,387 | £645,000 | 7 BROADWELLS COURT |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 17 Nov 2021. Using an estimated price of £612,117 means this house is valued at £4,745 per sq meter (£440 per sq foot).
The average size of a house on APPLECROSS CLOSE is 214 sq meters (2,303 sq feet).
This house is the smallest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Butterworth Drive |
| Feb 2024 | Burglary | Under investigation | On or near Broadwells Crescent |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Highgrove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Featherbed Lane |
| Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |