£702,286
This estimated value is based upon the latest sale price for the house of £415,000 on 7 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £415,000 | 7 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,372 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £415,000 results in an estimated price of approximately £702,286.
| 7 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £415,000 | £287,286 | £702,286 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -12.362 % | £-51,301 | £363,698 |
| 3 Month Average | 53.652 % | £222,655 | £637,655 |
| 6 Month Average | 43.153 % | £179,085 | £594,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £167,023 | £165,000 | 2B CHURCH ROAD |
| 31 Mar 2023 | £156,474 | £155,000 | 40 PRIORY ROAD |
| 24 Jun 2022 | £114,620 | £113,000 | 60 PRIORY ROAD |
| 31 Mar 2022 | £435,230 | £420,000 | 28 CHURCH ROAD |
| 3 Dec 2021 | £294,629 | £275,000 | 6 RECTORY CLOSE |
This house has a floor area of 127 sq meters or 1,372 sq feet when measured on 9 Jan 2012. Using an estimated price of £702,286 means this house is valued at £5,508 per sq meter (£511 per sq foot).
The average size of a house on THE STEEPLES is 259 sq meters (2,792 sq feet).
This house is the smallest in the street with a floor area of 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Robbery | Awaiting court outcome | On or near Petrol Station |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |