£742,943
This estimated value is based upon the latest sale price for the house of £430,000 on 8 Jan 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£430,000 | 8 Jan 2010 |
Detached |
Freehold |
Floor Area: 219 sq meters or 2,367 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 January 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £430,000 results in an estimated price of approximately £742,943.
8 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.777 % | £430,000 | £312,943 | £742,943 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -24.005 % | £-103,221 | £326,778 |
3 Month Average | 45.498 % | £195,643 | £625,643 |
6 Month Average | 49.712 % | £213,762 | £643,762 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £206,340 | £200,000 | 46 BROAD LANE SOUTH |
24 Oct 2023 | £269,368 | £263,250 | 8 HAWTHORNE ROAD |
28 Apr 2023 | £247,632 | £243,000 | 5 ORWELL CLOSE |
30 Jan 2023 | £486,299 | £485,000 | 44 BROAD LANE SOUTH |
21 Oct 2022 | £204,318 | £205,000 | 22 ORWELL CLOSE |
This house has a floor area of 219 sq meters or 2,367 sq feet when measured on 18 Nov 2009. Using an estimated price of £742,943 means this house is valued at £3,378 per sq meter (£313 per sq foot).
The average size of a house on HEATHFIELD GARDENS is 264 sq meters (2,844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lea View |
May 2024 | Other theft | Unable to prosecute suspect | On or near Brackenwood Drive |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferndown Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longmoor Close |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southfield Road |