£173,001
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 4 Dec 2015 |
£124,995 | 27 Jan 2012 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 669 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 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £125,000 results in an estimated price of approximately £173,001.
4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £125,000 | £48,001 | £173,001 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 42.680 % | £53,350 | £178,350 |
3 Month Average | 3.530 % | £4,412 | £129,412 |
6 Month Average | 35.621 % | £44,525 | £169,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £186,633 | £185,000 | 55 HACKETT DRIVE |
27 Jan 2023 | £209,015 | £210,000 | 29 HACKETT DRIVE |
18 Nov 2022 | £206,993 | £209,500 | 37 HACKETT DRIVE |
26 Aug 2022 | £174,530 | £175,000 | 7 BRADFIELD WAY |
22 Jul 2022 | £167,451 | £167,000 | 51 HACKETT DRIVE |
This house has a floor area of 62 sq meters or 669 sq feet when measured on 11 Jan 2012. Using an estimated price of £173,002 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on BRADFIELD WAY is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradfield Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Webley Grove |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saredon Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Benedict Court |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Benedict Court |