£222,813
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£160,000 | 27 Nov 2015 |
£160,000 | 28 Mar 2013 |
Semi-Detached |
Leasehold |
Floor Area: 88 sq meters or 947 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £160,000 results in an estimated price of approximately £222,813.
27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £160,000 | £62,813 | £222,813 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | -5.676 % | £-9,082 | £150,917 |
3 Month Average | 22.685 % | £36,296 | £196,296 |
6 Month Average | 48.187 % | £77,098 | £237,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £325,751 | £325,970 | 80 BHULLAR WAY |
31 Oct 2022 | £372,984 | £377,000 | 28 BHULLAR WAY |
28 Oct 2022 | £103,881 | £105,000 | 20 SILVERLIGHT GROVE |
31 Aug 2022 | £119,678 | £120,000 | 24 BRADES RISE |
25 Aug 2022 | £359,034 | £360,000 | 28 BRADES RISE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Jan 2013. Using an estimated price of £222,814 means this house is valued at £2,531 per sq meter (£235 per sq foot).
The average size of a house on BHULLAR WAY is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Mayfly Close | |
Mar 2024 | Anti-social behaviour | On or near Mayfly Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfly Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfly Close |