£314,390
This estimated value is based upon the latest sale price for the house of £184,000 on 30 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £184,000 | 30 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,149 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 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £184,000 results in an estimated price of approximately £314,390.
| 30 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £184,000 | £130,390 | £314,390 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 79.034 % | £145,422 | £329,422 |
| 3 Month Average | 67.831 % | £124,809 | £308,809 |
| 6 Month Average | 68.210 % | £125,506 | £309,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £210,000 | £210,000 | 30 CHAUCER AVENUE |
| 15 Dec 2023 | £479,742 | £465,000 | 391 SANDYFIELDS ROAD |
| 8 Dec 2023 | £304,352 | £295,000 | 7 IRVING CLOSE |
| 24 Oct 2023 | £358,083 | £349,950 | 49 KIPLING ROAD |
| 22 Aug 2023 | £273,686 | £268,750 | 5 CHAUCER AVENUE |
This house has a floor area of 106 sq meters or 1,149 sq feet when measured on 31 Jan 2012. Using an estimated price of £314,391 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on THE STRAITS is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Majors Fold |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Majors Fold |
| Jul 2024 | Vehicle crime | Under investigation | On or near High Arcal Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Arcal Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Arcal Road |