£335,477
This estimated value is based upon the latest sale price for the house of £272,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £272,000 | 15 Jul 2019 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £272,000 results in an estimated price of approximately £335,477.
| 15 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £272,000 | £63,477 | £335,477 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 93.104 % | £253,242 | £525,242 |
| 3 Month Average | 35.838 % | £97,479 | £369,479 |
| 6 Month Average | 16.458 % | £44,765 | £316,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £471,344 | £465,000 | 22 TAMAR DRIVE |
| 14 Jul 2023 | £121,637 | £120,000 | 20 OAKLANDS CROFT |
| 21 Jul 2022 | £118,318 | £118,000 | 24 OAKLANDS CROFT |
| 25 Feb 2022 | £382,773 | £365,000 | 8 TURCHILL DRIVE |
| 15 Nov 2021 | £459,643 | £425,000 | 22 TURCHILL DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 May 2019. Using an estimated price of £335,478 means this house is valued at £4,659 per sq meter (£432 per sq foot).
The average size of a house on GEOFFREY CLOSE is 140 sq meters (1,510 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Geoffrey Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beauchamp Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oaklands Croft |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walmley Ash Road |