£243,409
This estimated value is based upon the latest sale price for the house of £195,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 13 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £195,000 results in an estimated price of approximately £243,409.
| 13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £195,000 | £48,409 | £243,409 |
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 | 40.768 % | £79,496 | £274,496 |
| 3 Month Average | 45.292 % | £88,319 | £283,319 |
| 6 Month Average | 26.993 % | £52,635 | £247,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £283,576 | £279,950 | 4 SWALLOWFIELDS ROAD |
| 17 Feb 2023 | £249,832 | £250,000 | 30 SWALLOWFIELDS ROAD |
| 3 Sep 2021 | £344,776 | £319,950 | 275 NORTHWAY |
| 23 Oct 2020 | £281,540 | £240,000 | 24 TANGLEWOOD GROVE |
| 16 Oct 2020 | £269,809 | £230,000 | 9 PENNS WOOD CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jun 2017. Using an estimated price of £243,409 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on SWALLOWFIELDS ROAD is 136 sq meters (1,468 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chaffinch Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alderdale Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderdale Avenue |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Eversley Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aylesford Close |