£176,507
This estimated value is based upon the latest sale price for the house of £123,500 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 18 Sep 2015 |
| £48,000 | 1 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £123,500 results in an estimated price of approximately £176,507.
| 18 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £123,500 | £53,007 | £176,507 |
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 | 62.218 % | £76,839 | £200,339 |
| 3 Month Average | 51.390 % | £63,466 | £186,966 |
| 6 Month Average | 45.814 % | £56,579 | £180,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £211,811 | £207,000 | 24 CULMORE CLOSE |
| 23 Jun 2023 | £229,601 | £225,000 | 23 CULMORE CLOSE |
| 28 Mar 2023 | £162,717 | £160,000 | 277 STROUD AVENUE |
| 20 Jan 2023 | £225,603 | £225,000 | 24 WHITEWOOD GLADE |
| 19 Aug 2022 | £210,987 | £210,000 | 7 WHITEWOOD GLADE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jul 2014. Using an estimated price of £176,507 means this house is valued at £2,262 per sq meter (£210 per sq foot).
The average size of a house on DARVEL ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Furzebank Way |
| Jun 2024 | Anti-social behaviour | On or near Minerva Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Minerva Close |
| Jun 2024 | Anti-social behaviour | On or near Minerva Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Darvel Road |