£382,206
This estimated value is based upon the latest sale price for the house of £127,000 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,000 | 19 Apr 2002 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £127,000 results in an estimated price of approximately £382,206.
| 19 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £127,000 | £255,206 | £382,206 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 157.182 % | £199,621 | £326,621 |
| 3 Month Average | 201.832 % | £256,326 | £383,326 |
| 6 Month Average | 222.407 % | £282,456 | £409,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2024 | £295,000 | £295,000 | 49 LONGMEADOW DRIVE |
| 22 Mar 2024 | £316,361 | £311,500 | 162 NORTHWAY |
| 20 Oct 2023 | £245,578 | £240,000 | 24 LONGMEADOW DRIVE |
| 30 Jan 2023 | £255,683 | £255,000 | 132 NORTHWAY |
| 20 Oct 2022 | £269,101 | £270,000 | 160 NORTHWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Nov 2013. Using an estimated price of £382,206 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on LONGMEADOW DRIVE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Alderbrook Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Acres |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aylesford Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Penns Wood Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Melford Close |