£44,745
This estimated value is based upon the latest sale price for the house of £30,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Monk Close
More crime details
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| Price Paid | Date |
|---|---|
| £30,000 | 12 Dec 2014 |
| £52,000 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £30,000 results in an estimated price of approximately £44,745.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £30,000 | £14,745 | £44,745 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 21.153 % | £6,345 | £36,345 |
| 3 Month Average | 9.979 % | £2,993 | £32,993 |
| 6 Month Average | 26.324 % | £7,897 | £37,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £166,456 | £165,000 | 4 KIERS BRIDGE CLOSE |
| 18 Aug 2023 | £73,140 | £72,500 | 17 BRINDLEFIELDS WAY |
| 20 Jul 2022 | £91,747 | £91,500 | 33 GROVELAND ROAD |
| 17 Mar 2022 | £69,948 | £67,500 | 7 BRINDLEFIELDS WAY |
| 11 Feb 2022 | £73,933 | £70,500 | 15 BRINDLEFIELDS WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 24 Jun 2014. Using an estimated price of £44,745 means this house is valued at £932 per sq meter (£86 per sq foot).
The average size of a house on GROVELAND ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monk Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monk Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monk Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monk Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Monk Close |