£149,202
This estimated value is based upon the latest sale price for the house of £61,500 on 31 Mar 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Hessian Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £61,500 | 31 Mar 2003 |
| Terraced |
| Freehold |
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 March 2003 the House Price Index for WEST MIDLANDS was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £61,500 results in an estimated price of approximately £149,202.
| 31 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £61,500 | £87,702 | £149,202 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 210.143 % | £129,237 | £190,737 |
| 3 Month Average | 159.946 % | £98,366 | £159,866 |
| 6 Month Average | 152.694 % | £93,906 | £155,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,781 | £100,000 | 55 MEADOW LANE |
| 11 Aug 2023 | £178,562 | £177,000 | 370 BIRMINGHAM NEW ROAD |
| 23 Jun 2023 | £191,485 | £189,166 | 477 BIRMINGHAM NEW ROAD |
| 2 Mar 2023 | £74,704 | £74,000 | 35 FOZDAR CRESCENT |
| 29 Jul 2022 | £83,224 | £83,000 | 94 ETTINGSHALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Hessian Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hessian Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hessian Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hessian Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hessian Close |