£361,878
This estimated value is based upon the latest sale price for the house of £287,500 on 15 Feb 2018. 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 Eaton Wood Drive
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| Price Paid | Date |
|---|---|
| £287,500 | 15 Feb 2018 |
| £110,950 | 10 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £287,500 results in an estimated price of approximately £361,878.
| 15 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £287,500 | £74,378 | £361,878 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 44.982 % | £129,322 | £416,822 |
| 3 Month Average | 25.822 % | £74,237 | £361,737 |
| 6 Month Average | 30.024 % | £86,320 | £373,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £348,835 | £350,000 | 245 CLAY LANE |
| 14 Jul 2022 | £363,644 | £360,000 | 2 EATON WOOD DRIVE |
| 22 Apr 2022 | £202,297 | £195,000 | 251 WOODCOCK LANE NORTH |
| 6 Apr 2022 | £362,060 | £349,000 | 35 EATON WOOD DRIVE |
| 14 Feb 2022 | £227,138 | £215,000 | 11 BIRCHTREES CROFT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 May 2017. Using an estimated price of £361,879 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on CLAY LANE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Eaton Wood Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eaton Wood Drive |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Brindle Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Brindle Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brindle Close |