£88,877
This estimated value is based upon the latest sale price for the house of £70,500 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,500 | 17 Nov 2017 |
| £71,000 | 28 Apr 2003 |
| £49,950 | 31 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 382 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £70,500 results in an estimated price of approximately £88,877.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £70,500 | £18,377 | £88,877 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 77.054 % | £54,322 | £124,822 |
| 3 Month Average | 31.681 % | £22,334 | £92,834 |
| 6 Month Average | 32.915 % | £23,204 | £93,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £89,785 | £89,000 | 71 BARBEL DRIVE |
| 31 Jul 2023 | £72,982 | £72,000 | 78 BARBEL DRIVE |
| 28 Apr 2023 | £424,571 | £420,000 | 6 RUDD GARDENS |
| 14 Mar 2023 | £90,856 | £90,000 | 72 BARBEL DRIVE |
| 27 Jan 2023 | £233,898 | £235,000 | 25 BARBEL DRIVE |
This house has a floor area of 35 sq meters or 382 sq feet when measured on 30 Apr 2010. Using an estimated price of £88,877 means this house is valued at £2,497 per sq meter (£232 per sq foot).
The average size of a house on BARBEL DRIVE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Rudd Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Rudd Gardens |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rudd Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rudd Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Rudd Gardens |