£196,460
This estimated value is based upon the latest sale price for the house of £150,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£150,000 | 3 Feb 2017 |
£115,000 | 24 Sep 2004 |
£57,500 | 9 Apr 1999 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £150,000 results in an estimated price of approximately £196,460.
3 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £150,000 | £46,460 | £196,460 |
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 | 46.143 % | £69,215 | £219,215 |
3 Month Average | 34.060 % | £51,089 | £201,089 |
6 Month Average | 38.134 % | £57,200 | £207,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £235,345 | £230,000 | 1 WHITEBEAM CLOSE |
31 Mar 2023 | £193,227 | £190,000 | 10 WHITEBEAM CLOSE |
3 Mar 2023 | £228,821 | £225,000 | 3 PARK ROAD |
28 Feb 2023 | £181,210 | £180,000 | 57 STICKLEY LANE |
27 Feb 2023 | £135,908 | £135,000 | 93 WOOD ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Oct 2016. Using an estimated price of £196,460 means this house is valued at £2,182 per sq meter (£202 per sq foot).
The average size of a house on WHITEBEAM CLOSE is 73 sq meters (796 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitebeam Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parkhouse Gardens |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkhouse Gardens |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parkhouse Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Side |