£213,704
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 17 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £130,000 results in an estimated price of approximately £213,704.
| 17 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £130,000 | £83,704 | £213,704 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 63.977 % | £83,170 | £213,170 |
| 3 Month Average | 22.130 % | £28,768 | £158,768 |
| 6 Month Average | 48.689 % | £63,295 | £193,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £208,081 | £205,000 | 62 FRANKTON CLOSE |
| 8 Aug 2023 | £580,327 | £575,250 | 768 OLD LODE LANE |
| 6 Feb 2023 | £379,744 | £380,000 | 702 OLD LODE LANE |
| 13 Oct 2022 | £215,678 | £218,000 | 52 ARLESCOTE ROAD |
| 15 Aug 2022 | £324,128 | £325,000 | 720 OLD LODE LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 May 2013. Using an estimated price of £213,705 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on FRANKTON CLOSE is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Frankton Close |
| Mar 2024 | Other crime | Under investigation | On or near Frankton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankton Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lammas Close |
| Apr 2024 | Other theft | Under investigation | On or near Arlescote Road |