£459,335
This estimated value is based upon the latest sale price for the house of £345,000 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £345,000 | 15 Aug 2016 |
| £263,000 | 21 Jan 2008 |
| £217,500 | 12 Mar 2004 |
| £97,950 | 26 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £345,000 results in an estimated price of approximately £459,335.
| 15 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £345,000 | £114,335 | £459,335 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 155.676 % | £537,083 | £882,083 |
| 3 Month Average | 56.696 % | £195,602 | £540,602 |
| 6 Month Average | 42.258 % | £145,790 | £490,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £471,344 | £465,000 | 22 TAMAR DRIVE |
| 7 Jul 2023 | £268,615 | £265,000 | 20 WYE CLOSE |
| 24 Mar 2023 | £277,615 | £275,000 | 18 WYE CLOSE |
| 19 Aug 2022 | £294,208 | £295,000 | 9 WYE CLOSE |
| 17 Jun 2022 | £309,372 | £305,000 | 14 WYE CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Mar 2016. Using an estimated price of £459,336 means this house is valued at £4,687 per sq meter (£435 per sq foot).
The average size of a house on TAMAR DRIVE is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Geoffrey Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walmley Ash Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyneham Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beauchamp Close |