£222,128
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Feb 2006. 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 | 10 Feb 2006 |
| £94,500 | 27 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £125,000 results in an estimated price of approximately £222,128.
| 10 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £125,000 | £97,128 | £222,128 |
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 | 12.279 % | £15,348 | £140,348 |
| 3 Month Average | 36.579 % | £45,723 | £170,723 |
| 6 Month Average | 71.325 % | £89,156 | £214,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £239,596 | £237,500 | 5 BRADES RISE |
| 31 Aug 2022 | £119,678 | £120,000 | 24 BRADES RISE |
| 25 Aug 2022 | £359,034 | £360,000 | 28 BRADES RISE |
| 28 Jul 2022 | £232,626 | £232,000 | 17 REGAN DRIVE |
| 12 May 2022 | £310,857 | £305,000 | 93 DINGLE STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Sep 2014. Using an estimated price of £222,129 means this house is valued at £3,365 per sq meter (£312 per sq foot).
The average size of a house on MORGAN CLOSE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Regan Drive |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bhullar Way |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ashtree Road |
| Apr 2024 | Public order | Under investigation | On or near Ashtree Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brades Rise |