£761,239
This estimated value is based upon the latest sale price for the house of £410,000 on 27 Mar 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £410,000 | 27 Mar 2009 |
| Detached |
| Freehold |
| Floor Area: 226 sq meters or 2,438 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 2009 the House Price Index for WEST MIDLANDS was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £410,000 results in an estimated price of approximately £761,239.
| 27 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 148.6 | 85.668 % | £410,000 | £351,239 | £761,239 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 15.377 % | £63,046 | £473,046 |
| 3 Month Average | 42.297 % | £173,417 | £583,417 |
| 6 Month Average | 61.678 % | £252,881 | £662,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £203,562 | £200,000 | 46 BROAD LANE SOUTH |
| 28 Apr 2023 | £245,645 | £243,000 | 5 ORWELL CLOSE |
| 30 Jan 2023 | £482,726 | £485,000 | 44 BROAD LANE SOUTH |
| 21 Oct 2022 | £202,816 | £205,000 | 22 ORWELL CLOSE |
| 5 Nov 2021 | £438,013 | £405,000 | 10 BIRCHFIELDS ROAD |
This house has a floor area of 226 sq meters or 2,438 sq feet when measured on 6 Mar 2009. Using an estimated price of £761,240 means this house is valued at £3,360 per sq meter (£312 per sq foot).
The average size of a house on HEATHFIELD GARDENS is 264 sq meters (2,844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lea View |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Fields Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Five Fields Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longmoor Close |