£886,795
This estimated value is based upon the latest sale price for the house of £520,000 on 30 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £520,000 | 30 May 2012 |
| Detached |
| Freehold |
| Floor Area: 219 sq meters or 2,362 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £520,000 results in an estimated price of approximately £886,795.
| 30 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £520,000 | £366,795 | £886,795 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 73.975 % | £384,672 | £904,672 |
| 3 Month Average | 54.438 % | £283,079 | £803,079 |
| 6 Month Average | 46.064 % | £239,530 | £759,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £528,761 | £522,000 | 27 SKIP LANE |
| 4 Jan 2023 | £437,937 | £440,000 | 65 SKIP LANE |
| 26 Aug 2022 | £673,188 | £675,000 | 8 WOODFIELD CLOSE |
| 5 Aug 2022 | £698,121 | £700,000 | 75 SKIP LANE |
| 23 Dec 2020 | £992,772 | £865,000 | 23 WOODLANDS AVENUE |
This house has a floor area of 219 sq meters or 2,362 sq feet when measured on 28 Aug 2011. Using an estimated price of £886,796 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on WOODFIELD CLOSE is 287 sq meters (3,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodfield Close |
| Feb 2024 | Burglary | Under investigation | On or near Woodlands Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Avenue |
| Feb 2024 | Anti-social behaviour | On or near Calthorpe Close | |
| Feb 2024 | Anti-social behaviour | On or near Calthorpe Close |