£197,306
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 31 Mar 2016 |
| £50,000 | 19 Sep 2006 |
| £47,000 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £145,000 results in an estimated price of approximately £197,306.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £145,000 | £52,306 | £197,306 |
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 | 124.494 % | £180,515 | £325,515 |
| 3 Month Average | 62.698 % | £90,911 | £235,911 |
| 6 Month Average | 40.356 % | £58,515 | £203,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £212,500 | £212,500 | 48 THEODORE CLOSE |
| 17 Apr 2024 | £224,449 | £222,500 | 11 THEODORE CLOSE |
| 27 Mar 2024 | £162,497 | £160,000 | 35 ROWAY LANE |
| 18 Sep 2023 | £245,410 | £240,000 | 25 THEODORE CLOSE |
| 7 Feb 2023 | £159,063 | £158,000 | 97 THEODORE CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 May 2016. Using an estimated price of £197,307 means this house is valued at £1,715 per sq meter (£159 per sq foot).
The average size of a house on THEODORE CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Theodore Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Theodore Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theodore Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theodore Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Theodore Close |