£211,429
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £125,000 results in an estimated price of approximately £211,429.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £125,000 | £86,429 | £211,429 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 110.333 % | £137,915 | £262,915 |
| 3 Month Average | 69.448 % | £86,810 | £211,810 |
| 6 Month Average | 71.538 % | £89,422 | £214,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £189,872 | £190,000 | 15 ORIEL DRIVE |
| 25 Oct 2022 | £176,104 | £178,000 | 10 ORIEL DRIVE |
| 17 Aug 2022 | £214,423 | £215,000 | 69 COTTAGE LANE |
| 20 Jun 2022 | £230,761 | £227,500 | 24 GROVELANDS CRESCENT |
| 15 Jun 2022 | £190,695 | £188,000 | 55 COTTAGE LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Oct 2012. Using an estimated price of £211,430 means this house is valued at £3,583 per sq meter (£332 per sq foot).
The average size of a house on CALVIN CLOSE is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bee Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oriel Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oriel Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmbrook Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vine Close |