£71,724
This estimated value is based upon the latest sale price for the house of £27,000 on 18 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£27,000 | 18 Oct 2002 |
£19,000 | 4 Mar 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 October 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £27,000 results in an estimated price of approximately £71,724.
18 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £27,000 | £44,724 | £71,724 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 152.526 % | £41,182 | £68,182 |
3 Month Average | 217.868 % | £58,824 | £85,824 |
6 Month Average | 211.143 % | £57,008 | £84,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £164,020 | £161,500 | 23 NOOSE LANE |
20 Dec 2023 | £242,450 | £235,000 | 79 NOOSE LANE |
25 Oct 2023 | £269,112 | £263,000 | 61 NOOSE LANE |
25 Sep 2023 | £284,266 | £278,000 | UNIT 23 WATERY LANE INDUSTRIAL ESTATE |
29 Jun 2023 | £172,456 | £169,000 | 66 NOOSE LANE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Oct 2016. Using an estimated price of £71,724 means this house is valued at £1,353 per sq meter (£125 per sq foot).
The average size of a house on HOLMAN CLOSE is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holman Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holman Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holman Close |
May 2024 | Drugs | Awaiting court outcome | On or near Holman Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holman Close |