£231,682
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Sandstone Close
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Price Paid | Date |
---|---|
£215,000 | 28 Sep 2021 |
£192,500 | 12 Dec 2019 |
£162,000 | 28 Aug 2015 |
£42,000 | 30 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £215,000 results in an estimated price of approximately £231,682.
28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £215,000 | £16,682 | £231,682 |
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 | 71.232 % | £153,148 | £368,148 |
3 Month Average | 28.580 % | £61,447 | £276,447 |
6 Month Average | 7.896 % | £16,975 | £231,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £63,816 | £63,000 | 41 SANDSTONE CLOSE |
25 Aug 2023 | £199,243 | £197,500 | 61 SANDSTONE CLOSE |
16 Jan 2023 | £247,833 | £249,000 | 2B LOWESWATER DRIVE |
30 Sep 2022 | £187,486 | £189,000 | 34 SANDSTONE CLOSE |
15 Jul 2022 | £245,661 | £245,000 | 86 ROBERT STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Mar 2015. Using an estimated price of £231,682 means this house is valued at £2,249 per sq meter (£208 per sq foot).
The average size of a house on ROBERT STREET is 106 sq meters (1,141 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Sandstone Close | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandstone Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandstone Close |
Mar 2024 | Anti-social behaviour | On or near Sandstone Close | |
Mar 2024 | Anti-social behaviour | On or near Sandstone Close |