£494,279
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 897 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 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £250,000 results in an estimated price of approximately £494,279.
| 30 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £250,000 | £244,279 | £494,279 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 71.286 % | £178,216 | £428,216 |
| 3 Month Average | 21.543 % | £53,856 | £303,856 |
| 6 Month Average | 31.438 % | £78,594 | £328,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £78,880 | £77,500 | 27 DEERHURST COURT |
| 8 Dec 2023 | £254,401 | £249,950 | 33 DEERHURST COURT |
| 1 Dec 2023 | £84,478 | £83,000 | 38 DEERHURST COURT |
| 21 Nov 2023 | £274,057 | £270,000 | 20 NEW ROAD |
| 2 Nov 2023 | £295,373 | £291,000 | 34 FAZELEY CLOSE |
This house has a floor area of 83 sq meters or 897 sq feet when measured on 19 May 2010. Using an estimated price of £494,280 means this house is valued at £5,930 per sq meter (£550 per sq foot).
The average size of a house on FAZELEY CLOSE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near New Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malvern Park Avenue |