£312,978
This estimated value is based upon the latest sale price for the house of £195,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 6 Dec 2013 |
| £215,000 | 25 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £195,000 results in an estimated price of approximately £312,978.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £195,000 | £117,978 | £312,978 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 27.509 % | £53,643 | £248,643 |
| 3 Month Average | 52.344 % | £102,070 | £297,070 |
| 6 Month Average | 44.625 % | £87,019 | £282,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £157,329 | £155,000 | 147 COLTHAM ROAD |
| 8 Sep 2023 | £310,976 | £307,000 | 2 TRINITY ROAD |
| 4 Jul 2023 | £169,278 | £167,000 | 85 COLTHAM ROAD |
| 16 Feb 2023 | £59,960 | £60,000 | 46 BLOXWICH ROAD NORTH |
| 16 Jan 2023 | £149,297 | £150,000 | 29 BLOXWICH ROAD NORTH |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 29 Oct 2012. Using an estimated price of £312,978 means this house is valued at £2,483 per sq meter (£230 per sq foot).
The average size of a house on TALL TREES CLOSE is 155 sq meters (1,673 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Apr 2024 | Anti-social behaviour | On or near Drancy Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Drancy Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Drancy Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drancy Avenue |