£132,589
This estimated value is based upon the latest sale price for the house of £107,325 on 22 Oct 2019. This value is then adjusted by the current Official House Price Index for WARWICKSHIRE 1
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Price Paid | Date |
---|---|
£107,325 | 22 Oct 2019 |
£64,000 | 18 Oct 2004 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 October 2019 the House Price Index for WARWICKSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £107,325 results in an estimated price of approximately £132,589.
22 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £107,325 | £25,264 | £132,589 |
The Postcode Pricing Model uses changes in average sales price within the CV21 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 | 62.465 % | £67,040 | £174,365 |
3 Month Average | 37.973 % | £40,754 | £148,079 |
6 Month Average | 17.719 % | £19,016 | £126,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £168,835 | £165,000 | 62 PARKFIELD ROAD |
8 Sep 2023 | £130,885 | £128,000 | 6 PARKFIELD ROAD |
25 Aug 2023 | £224,041 | £220,000 | 47 PARKFIELD ROAD |
19 Aug 2022 | £111,521 | £111,000 | APARTMENT 12 RIVERSIDE CORNER PARKFIELD ROAD |
21 Feb 2022 | £169,033 | £160,000 | 21 LEA CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Sep 2019. Using an estimated price of £132,589 means this house is valued at £1,894 per sq meter (£175 per sq foot).
The average size of a house on PARKFIELD ROAD is 79 sq meters (860 sq feet).