£6,006
This estimated value is based upon the latest sale price for the house of £4,950 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£4,950 | 20 Mar 2020 |
£117,000 | 16 Feb 2007 |
£75,000 | 8 Aug 2003 |
£45,000 | 8 Jan 1999 |
Freehold |
Floor Area: 54 sq meters or 581 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £4,950 results in an estimated price of approximately £6,006.
20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £4,950 | £1,056 | £6,006 |
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 | 56.397 % | £2,791 | £7,741 |
3 Month Average | 40.073 % | £1,983 | £6,933 |
6 Month Average | 33.131 % | £1,640 | £6,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 May 2022 | £224,858 | £219,000 | 7 CALDER RISE |
11 Apr 2022 | £223,046 | £215,000 | 15 MARLBOROUGH ROAD |
4 Feb 2022 | £160,582 | £152,000 | 8 MARLBOROUGH ROAD |
4 Feb 2022 | £306,373 | £290,000 | 16 ETON CLOSE |
17 Dec 2021 | £242,844 | £225,000 | 29 ROPER WAY |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 24 Feb 2015. Using an estimated price of £6,006 means this house is valued at £111 per sq meter (£10 per sq foot).
The average size of a house on ROPER WAY is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Ratcliffe Close |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Eton Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eton Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eton Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Drive |