£206,949
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 15 Mar 2023 |
| £120,000 | 17 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £205,000 results in an estimated price of approximately £206,949.
| 15 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £205,000 | £1,949 | £206,949 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 38.281 % | £78,476 | £283,476 |
| 3 Month Average | -2.111 % | £-4,327 | £200,672 |
| 6 Month Average | -1.323 % | £-2,712 | £202,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £130,000 | £130,000 | 25 ORCHARD CLOSE |
| 19 Dec 2023 | £203,562 | £200,000 | 55 FARM ROAD |
| 15 Nov 2023 | £145,149 | £143,000 | 31 FALLOW FIELD ROAD |
| 20 Sep 2023 | £222,849 | £220,000 | 88 FARM ROAD |
| 7 Aug 2023 | £191,677 | £190,000 | 113 FARM ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 2 Aug 2019. Using an estimated price of £206,950 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on ORCHARD CLOSE is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scotwell Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchard Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallow Field Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fallow Field Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fallow Field Road |