£222,900
This estimated value is based upon the latest sale price for the house of £150,000 on 21 Jan 2015. 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 | 21 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £150,000 results in an estimated price of approximately £222,900.
| 21 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £150,000 | £72,900 | £222,900 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 23.239 % | £34,858 | £184,858 |
| 3 Month Average | 42.727 % | £64,089 | £214,089 |
| 6 Month Average | 64.535 % | £96,802 | £246,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £157,894 | £158,000 | 97 THEODORE CLOSE |
| 22 Aug 2022 | £229,383 | £230,000 | 101 THEODORE CLOSE |
| 16 May 2022 | £173,774 | £170,500 | 24 ROWAY LANE |
| 20 Dec 2021 | £173,563 | £162,000 | 32 ROWAY LANE |
| 19 Jul 2021 | £245,368 | £213,500 | 81 THEODORE CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Sep 2014. Using an estimated price of £222,900 means this house is valued at £3,326 per sq meter (£309 per sq foot).
The average size of a house on THEODORE CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Theodore Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theodore Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theodore Close |
| Apr 2024 | Robbery | Under investigation | On or near Roway Lane |
| Apr 2024 | Anti-social behaviour | On or near Roway Lane |