£200,712
This estimated value is based upon the latest sale price for the house of £161,275 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£161,275 | 15 Mar 2019 |
Detached |
Freehold |
Floor Area: 30 sq meters or 322 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 March 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 24.453%.Applying this 24.453% change to the original purchase price of £161,275 results in an estimated price of approximately £200,712.
15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £161,275 | £39,437 | £200,712 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 40.091 % | £64,657 | £225,932 |
3 Month Average | 31.243 % | £50,387 | £211,662 |
6 Month Average | 32.084 % | £51,743 | £213,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £200,000 | £200,000 | 32 THE HAYES |
15 Mar 2024 | £138,122 | £136,000 | 39 THE HAYES |
18 Oct 2023 | £230,229 | £225,000 | 25 BRAEMAR CLOSE |
31 Mar 2023 | £226,279 | £222,500 | 20 BUTE CLOSE |
24 Feb 2023 | £241,614 | £240,000 | 11 BUTE CLOSE |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 6 Nov 2018. Using an estimated price of £200,712 means this house is valued at £6,690 per sq meter (£621 per sq foot).
The average size of a house on BUTE CLOSE is 70 sq meters (761 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (322 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woburn Avenue |
May 2024 | Other theft | Under investigation | On or near Bute Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bute Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bute Close |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bridgnorth Grove |