£359,481
This estimated value is based upon the latest sale price for the house of £284,750 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£284,750 | 29 Mar 2018 |
Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £284,750 results in an estimated price of approximately £359,481.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £284,750 | £74,731 | £359,481 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 133.862 % | £381,170 | £665,920 |
3 Month Average | 65.486 % | £186,472 | £471,222 |
6 Month Average | 23.449 % | £66,770 | £351,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £215,000 | £215,000 | 3 BHULLAR WAY |
11 Aug 2023 | £241,862 | £237,500 | 5 BRADES RISE |
20 Feb 2023 | £328,162 | £325,970 | 80 BHULLAR WAY |
31 Oct 2022 | £375,745 | £377,000 | 28 BHULLAR WAY |
28 Oct 2022 | £104,650 | £105,000 | 20 SILVERLIGHT GROVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 Feb 2018. Using an estimated price of £359,482 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on BHULLAR WAY is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
May 2024 | Anti-social behaviour | On or near Mayfly Close | |
May 2024 | Anti-social behaviour | On or near Mayfly Close | |
May 2024 | Anti-social behaviour | On or near Mayfly Close | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bhullar Way |