£397,168
This estimated value is based upon the latest sale price for the house of £305,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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Price Paid | Date |
---|---|
£305,000 | 13 Apr 2017 |
Detached |
Freehold |
Floor Area: 206 sq meters or 2,217 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 2017 the House Price Index for WARWICKSHIRE was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £305,000 results in an estimated price of approximately £397,168.
13 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £305,000 | £92,168 | £397,168 |
The Postcode Pricing Model uses changes in average sales price within the CV12 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 | 38.169 % | £116,414 | £421,414 |
3 Month Average | 33.366 % | £101,766 | £406,766 |
6 Month Average | 27.977 % | £85,329 | £390,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £304,352 | £295,000 | 5 LINDEN LEA |
28 Apr 2023 | £142,668 | £140,000 | 57A MILL STREET |
18 Jan 2023 | £160,429 | £160,000 | 74 LEICESTER ROAD |
26 Sep 2022 | £125,416 | £125,500 | 17 MILL STREET |
31 Aug 2022 | £151,709 | £151,000 | 60 LEICESTER ROAD |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 1 Mar 2017. Using an estimated price of £397,169 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on LINDEN LEA is 119 sq meters (1,284 sq feet).
This house is the largest in the street with a floor area of 206 sq meters (2,217 sq feet).