£303,282
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Aug 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£65,000 | 21 Aug 1998 |
Detached |
Leasehold |
Floor Area: 89 sq meters or 957 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 August 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £65,000 results in an estimated price of approximately £303,282.
21 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £65,000 | £238,282 | £303,282 |
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 | 171.920 % | £111,748 | £176,748 |
3 Month Average | 231.930 % | £150,754 | £215,754 |
6 Month Average | 222.995 % | £144,946 | £209,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £187,524 | £185,000 | 30 DARVEL ROAD |
23 Jun 2023 | £227,759 | £225,000 | 23 CULMORE CLOSE |
28 Mar 2023 | £161,522 | £160,000 | 277 STROUD AVENUE |
20 Jan 2023 | £223,945 | £225,000 | 24 WHITEWOOD GLADE |
19 Aug 2022 | £209,436 | £210,000 | 7 WHITEWOOD GLADE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Mar 2015. Using an estimated price of £303,282 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on DARVEL ROAD is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Furzebank Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furzebank Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minerva Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minerva Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culmore Close |