£150,674
This estimated value is based upon the latest sale price for the house of £83,000 on 15 Dec 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 15 Dec 2008 |
| £102,000 | 30 Nov 2006 |
| £41,500 | 8 Oct 1998 |
| £39,500 | 16 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 930 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 2008 the House Price Index for WEST MIDLANDS was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £83,000 results in an estimated price of approximately £150,674.
| 15 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.6 | 81.535 % | £83,000 | £67,674 | £150,674 |
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 | 34.157 % | £28,350 | £111,350 |
| 3 Month Average | 58.154 % | £48,267 | £131,267 |
| 6 Month Average | 45.166 % | £37,487 | £120,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £184,735 | £182,000 | 13 STRETTON ROAD |
| 25 Apr 2023 | £217,340 | £215,000 | 17 STRETTON ROAD |
| 17 Apr 2023 | £65,707 | £65,000 | 32 BROOKHILL CLOSE |
| 17 Mar 2023 | £196,855 | £195,000 | 45 STRETTON ROAD |
| 3 Mar 2023 | £151,427 | £150,000 | 9 FAIRLAWN WAY |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 13 Apr 2011. Using an estimated price of £150,674 means this house is valued at £1,743 per sq meter (£162 per sq foot).
The average size of a house on FAIRLAWN CLOSE is 114 sq meters (1,235 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fairlawn Close | |
| Mar 2024 | Anti-social behaviour | On or near Fairlawn Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairlawn Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairlawn Close |
| Feb 2024 | Robbery | Under investigation | On or near Fairlawn Close |