£236,422
This estimated value is based upon the latest sale price for the house of £232,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £232,000 | 21 Apr 2023 |
| £197,500 | 16 Jul 2020 |
| £147,500 | 15 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £232,000 results in an estimated price of approximately £236,422.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £232,000 | £4,422 | £236,422 |
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 | 20.966 % | £48,642 | £280,642 |
| 3 Month Average | 7.927 % | £18,390 | £250,390 |
| 6 Month Average | 8.902 % | £20,651 | £252,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £218,949 | £215,000 | 3 ORCHARD GROVE |
| 21 Apr 2023 | £236,422 | £232,000 | 7 HOPYARD CLOSE |
| 12 Aug 2022 | £283,275 | £281,950 | 2B HOPYARD LANE |
| 17 Jun 2022 | £245,242 | £240,000 | 51 MUSK LANE WEST |
| 28 Apr 2022 | £311,227 | £300,000 | 29 MUSK LANE WEST |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Sep 2019. Using an estimated price of £236,422 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on HOPYARD CLOSE is 119 sq meters (1,280 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Grove |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Askew Bridge Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Askew Bridge Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Askew Bridge Road |