£95,527
This estimated value is based upon the latest sale price for the house of £79,000 on 7 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,000 | 7 Jul 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £79,000 results in an estimated price of approximately £95,527.
| 7 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £79,000 | £16,527 | £95,527 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -14.362 % | £-11,345 | £67,654 |
| 3 Month Average | 30.176 % | £23,839 | £102,839 |
| 6 Month Average | 48.268 % | £38,131 | £117,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £330,000 | £330,000 | 76 GRANSHAW CLOSE |
| 2 Jun 2023 | £318,862 | £315,000 | 14 GRANSHAW CLOSE |
| 24 Mar 2023 | £90,856 | £90,000 | 9 DORNIE DRIVE |
| 27 Jan 2023 | £210,011 | £211,000 | 60 DORNIE DRIVE |
| 12 Jan 2023 | £64,695 | £65,000 | 86 FOYLE ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 14 Jun 2014. Using an estimated price of £95,527 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on DORNIE DRIVE is 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dornie Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dornie Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tees Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tees Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tees Grove |