£116,903
This estimated value is based upon the latest sale price for the house of £95,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 20 Aug 2019 |
| £78,000 | 27 Jun 2013 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 46 sq meters or 495 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £95,000 results in an estimated price of approximately £116,903.
| 20 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £95,000 | £21,903 | £116,903 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 4.111 % | £3,905 | £98,905 |
| 3 Month Average | 0.532 % | £504 | £95,504 |
| 6 Month Average | 22.722 % | £21,586 | £116,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £186,633 | £185,000 | 55 HACKETT DRIVE |
| 26 Apr 2023 | £227,449 | £225,000 | 4 HACKETT DRIVE |
| 27 Jan 2023 | £209,015 | £210,000 | 29 HACKETT DRIVE |
| 18 Nov 2022 | £206,993 | £209,500 | 37 HACKETT DRIVE |
| 22 Jul 2022 | £167,451 | £167,000 | 51 HACKETT DRIVE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 26 Feb 2015. Using an estimated price of £116,904 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on HACKETT DRIVE is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hackett Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hackett Drive |
| Apr 2024 | Anti-social behaviour | On or near Hackett Drive | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shrewsbury Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shrewsbury Place |