£252,838
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Jul 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £220,000 results in an estimated price of approximately £252,838.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £220,000 | £32,838 | £252,838 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 41.756 % | £91,864 | £311,864 |
| 3 Month Average | 11.845 % | £26,059 | £246,059 |
| 6 Month Average | 4.522 % | £9,947 | £229,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £232,030 | £230,000 | 19 GUYS LANE |
| 18 Aug 2023 | £196,721 | £195,000 | 13 SANDFIELD GROVE |
| 8 Aug 2023 | £219,420 | £217,500 | 12 SANDFIELD GROVE |
| 27 Oct 2022 | £390,792 | £395,000 | 14 HOPYARD LANE |
| 7 Oct 2022 | £214,688 | £217,000 | 20 MAPLE DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Jul 2021. Using an estimated price of £252,838 means this house is valued at £2,809 per sq meter (£260 per sq foot).
There is one other house on the street which we know the size of, this is 4 ELM CLOSE it is 93.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maple Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brookbank Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandfield Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flavells Lane |