£96,805
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£75,000 | 30 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £75,000 results in an estimated price of approximately £96,805.
30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £75,000 | £21,805 | £96,805 |
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 | 46.352 % | £34,763 | £109,763 |
3 Month Average | 24.215 % | £18,160 | £93,160 |
6 Month Average | 35.965 % | £26,973 | £101,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £171,863 | £167,500 | 39 DOUGLAS DAVIES CLOSE |
31 Oct 2023 | £161,672 | £158,000 | 43 WOLVERSON CLOSE |
29 Sep 2023 | £102,254 | £100,000 | 3 BENTON CLOSE |
31 Aug 2023 | £171,086 | £168,000 | 5 RUDGE CLOSE |
26 Jun 2023 | £301,033 | £295,000 | 3 REDSAND CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 May 2017. Using an estimated price of £96,805 means this house is valued at £1,489 per sq meter (£138 per sq foot).
The average size of a house on ERNEST CLARK CLOSE is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Ernest Clarke Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavalcade Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benton Close |
Jul 2024 | Vehicle crime | Under investigation | On or near Benton Close |