£243,947
This estimated value is based upon the latest sale price for the house of £196,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £196,000 | 14 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £196,000 results in an estimated price of approximately £243,947.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £196,000 | £47,947 | £243,947 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 24.107 % | £47,250 | £243,250 |
| 3 Month Average | 34.113 % | £66,861 | £262,861 |
| 6 Month Average | 22.591 % | £44,277 | £240,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £412,681 | £400,000 | 11 SHETLAND CLOSE |
| 30 Nov 2023 | £215,469 | £210,000 | 148 LIGHTHORNE AVENUE |
| 29 Nov 2023 | £507,892 | £495,000 | 29 SOUTH LOOP PARK |
| 6 Oct 2023 | £496,271 | £485,000 | 35 SOUTH LOOP PARK |
| 28 Jan 2022 | £178,113 | £168,000 | 5 SHETLAND CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Feb 2019. Using an estimated price of £243,948 means this house is valued at £3,011 per sq meter (£279 per sq foot).
The average size of a house on RODNEY CLOSE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodney Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodney Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rodney Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodney Close |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Rodney Close |