£161,293
This estimated value is based upon the latest sale price for the house of £95,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Duke Street
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| Price Paid | Date |
|---|---|
| £95,000 | 26 Oct 2012 |
| £105,000 | 17 Dec 2004 |
| £48,500 | 2 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £95,000 results in an estimated price of approximately £161,293.
| 26 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £95,000 | £66,293 | £161,293 |
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 | 85.470 % | £81,196 | £176,196 |
| 3 Month Average | 74.525 % | £70,798 | £165,798 |
| 6 Month Average | 59.664 % | £56,680 | £151,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £177,146 | £175,000 | 4 RUBENS CLOSE |
| 24 Mar 2023 | £190,798 | £189,000 | 24 GIDEONS CLOSE |
| 29 Jul 2022 | £221,095 | £220,500 | 13 CYPRESS AVENUE |
| 21 Mar 2022 | £426,940 | £412,000 | 31 OLD QUARRY DRIVE |
| 28 Jan 2022 | £77,878 | £74,000 | 24 DUKE STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 26 Jun 2012. Using an estimated price of £161,294 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on GIDEONS CLOSE is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Duke Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Duke Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Vale Row |
| Jan 2024 | Anti-social behaviour | On or near Vale Row | |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Vale Row |