£169,313
This estimated value is based upon the latest sale price for the house of £110,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 11 Jul 2014 |
| £110,000 | 11 Jul 2014 |
| £95,000 | 19 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £110,000 results in an estimated price of approximately £169,313.
| 11 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £110,000 | £59,313 | £169,313 |
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 | 80.710 % | £88,781 | £198,781 |
| 3 Month Average | 39.566 % | £43,522 | £153,522 |
| 6 Month Average | 49.565 % | £54,521 | £164,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £204,183 | £199,000 | 7 CONWAY CRESCENT |
| 15 Sep 2023 | £250,523 | £245,000 | 54 BUCKINGHAM DRIVE |
| 10 Feb 2023 | £231,547 | £230,000 | 61 SANDRINGHAM AVENUE |
| 8 Feb 2023 | £221,479 | £220,000 | 18 SANDRINGHAM AVENUE |
| 3 Feb 2023 | £201,345 | £200,000 | 12 BUCKINGHAM DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Apr 2012. Using an estimated price of £169,314 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on BUCKINGHAM DRIVE is 92 sq meters (1,000 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Buckingham Drive |
| Jul 2024 | Other theft | Under investigation | On or near Buckingham Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Buckingham Drive |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Buckingham Drive |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Buckingham Drive |