£164,431
This estimated value is based upon the latest sale price for the house of £59,950 on 15 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£59,950 | 15 Aug 2002 |
£36,000 | 10 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 August 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £59,950 results in an estimated price of approximately £164,431.
15 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 148.6 | 174.280 % | £59,950 | £104,481 | £164,431 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | 145.002 % | £86,928 | £146,878 |
3 Month Average | 147.668 % | £88,527 | £148,477 |
6 Month Average | 154.486 % | £92,614 | £152,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £136,191 | £135,000 | 7 CROFT CLOSE |
4 Jul 2023 | £237,760 | £234,560 | THE BUNGALOW, 74A GAYHURST DRIVE |
9 Jun 2023 | £106,287 | £105,000 | 5 CROFT CLOSE |
10 Feb 2023 | £122,917 | £123,000 | 19 CROFT CLOSE |
10 Feb 2023 | £124,916 | £125,000 | 20 GAYHURST DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 3 Jul 2013. Using an estimated price of £164,431 means this house is valued at £3,654 per sq meter (£339 per sq foot).
The average size of a house on CROFT CLOSE is 52 sq meters (570 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Close |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Gayhurst Drive |