£136,831
This estimated value is based upon the latest sale price for the house of £80,000 on 9 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 9 Oct 2012 |
£13,000 | 15 Mar 1995 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 813 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £80,000 results in an estimated price of approximately £136,831.
9 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £80,000 | £56,831 | £136,831 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 90.490 % | £72,391 | £152,391 |
3 Month Average | 54.793 % | £43,834 | £123,834 |
6 Month Average | 64.280 % | £51,423 | £131,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £226,974 | £220,000 | 31 GALBRAITH CLOSE |
13 Oct 2023 | £179,067 | £175,000 | 33 EDGE STREET |
13 Oct 2023 | £148,370 | £145,000 | 1D WALLBROOK STREET |
13 Oct 2023 | £163,718 | £160,000 | 1E WALLBROOK STREET |
13 Oct 2023 | £148,370 | £145,000 | 1C WALLBROOK STREET |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 15 Oct 2010. Using an estimated price of £136,832 means this house is valued at £1,809 per sq meter (£168 per sq foot).
The average size of a house on MARTIN CLOSE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Martin Close |
May 2024 | Criminal damage and arson | Local resolution | On or near Martin Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Growers Meadow |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |