£175,990
This estimated value is based upon the latest sale price for the house of £103,000 on 20 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £103,000 | 20 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £103,000 results in an estimated price of approximately £175,990.
| 20 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £103,000 | £72,990 | £175,990 |
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 | 87.944 % | £90,581 | £193,581 |
| 3 Month Average | 59.506 % | £61,291 | £164,291 |
| 6 Month Average | 70.190 % | £72,296 | £175,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £321,000 | £321,000 | 10 ACRE RISE |
| 7 Nov 2023 | £176,480 | £172,000 | 16 LONSDALE CLOSE |
| 25 Jan 2023 | £210,563 | £210,000 | 18 THE HAYES |
| 15 Jun 2022 | £168,604 | £165,000 | 107 POOL HAYES LANE |
| 30 Sep 2021 | £233,397 | £215,000 | 11 POOL HAYES LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Nov 2011. Using an estimated price of £175,991 means this house is valued at £2,626 per sq meter (£244 per sq foot).
The average size of a house on CASTLE DRIVE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Greenhill Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allens Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Allens Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Allens Close |