£293,175
This estimated value is based upon the latest sale price for the house of £187,500 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£187,500 | 7 Dec 2007 |
£146,750 | 22 Jul 2005 |
£34,000 | 31 Oct 1996 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £187,500 results in an estimated price of approximately £293,175.
7 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £187,500 | £105,675 | £293,175 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 89.665 % | £168,121 | £355,621 |
3 Month Average | 41.366 % | £77,560 | £265,060 |
6 Month Average | 42.177 % | £79,081 | £266,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £219,846 | £215,000 | 37 BEMBRIDGE CLOSE |
21 Apr 2023 | £81,525 | £80,000 | 14 REDWOOD WAY |
30 Nov 2022 | £388,185 | £390,000 | 25 GOREY CLOSE |
12 Aug 2022 | £210,987 | £210,000 | 24 BEMBRIDGE CLOSE |
13 Apr 2022 | £173,249 | £167,000 | 9 BEMBRIDGE CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Jul 2015. Using an estimated price of £293,175 means this house is valued at £3,053 per sq meter (£283 per sq foot).
The average size of a house on KINGTON CLOSE is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Redwood Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Linnet Grove |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reynolds Walk |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reynolds Walk |