£130,916
This estimated value is based upon the latest sale price for the house of £115,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 28 May 2021 |
| £86,000 | 4 Jan 2008 |
| £32,000 | 8 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 May 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £115,000 results in an estimated price of approximately £130,916.
| 28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £115,000 | £15,916 | £130,916 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 32.699 % | £37,603 | £152,603 |
| 3 Month Average | 11.995 % | £13,794 | £128,794 |
| 6 Month Average | 15.065 % | £17,324 | £132,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £117,702 | £115,500 | 4 MONARCH HOUSE, 314 POUND ROAD |
| 18 Jan 2023 | £170,455 | £170,000 | 48 WARWICK CLOSE |
| 7 Jul 2022 | £214,146 | £212,000 | 195 POUND ROAD |
| 1 Jun 2022 | £107,294 | £105,000 | 34 WARWICK CLOSE |
| 26 Apr 2022 | £230,826 | £222,500 | 18 WARWICK CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Mar 2020. Using an estimated price of £130,916 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on WARWICK CLOSE is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Local resolution | On or near Warwick Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Warwick Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Warwick Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warwick Close |