£263,662
This estimated value is based upon the latest sale price for the house of £215,500 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£215,500 | 28 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £215,500 results in an estimated price of approximately £263,662.
28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £215,500 | £48,162 | £263,662 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 49.707 % | £107,119 | £322,619 |
3 Month Average | 32.636 % | £70,329 | £285,829 |
6 Month Average | 21.443 % | £46,209 | £261,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £232,030 | £230,000 | 19 GUYS LANE |
18 Aug 2023 | £196,721 | £195,000 | 13 SANDFIELD GROVE |
27 Oct 2022 | £390,792 | £395,000 | 14 HOPYARD LANE |
7 Oct 2022 | £214,688 | £217,000 | 20 MAPLE DRIVE |
18 Mar 2022 | £255,439 | £246,500 | 13 LINLEY GROVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Aug 2013. Using an estimated price of £263,662 means this house is valued at £2,835 per sq meter (£263 per sq foot).
There is one other house on the street which we know the size of, this is 1 ELM CLOSE it is 90.0
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maple Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Brookbank Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandfield Grove |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flavells Lane |