£101,869
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 26 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 419 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £60,000 results in an estimated price of approximately £101,869.
| 26 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £60,000 | £41,869 | £101,869 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 80.772 % | £48,463 | £108,463 |
| 3 Month Average | 38.189 % | £22,913 | £82,913 |
| 6 Month Average | 53.454 % | £32,072 | £92,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £54,963 | £55,000 | 37 HALL LANE |
| 27 Jan 2023 | £191,100 | £192,000 | 2 PRIORY FIELD CLOSE |
| 17 Jan 2023 | £161,738 | £162,500 | 61 HALL LANE |
| 16 Sep 2022 | £80,351 | £81,000 | 40 HACKETT CLOSE |
| 10 Aug 2022 | £289,221 | £290,000 | 62 HURST ROAD |
This house has a floor area of 38 sq meters or 419 sq feet when measured on 1 Sep 2011. Using an estimated price of £101,870 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on HACKETT CLOSE is 73 sq meters (788 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Hackett Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hackett Close |
| Jan 2024 | Possession of weapons | Under investigation | On or near Hackett Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Clifton Street |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Clifton Street |