£265,486
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£140,000 | 1 Nov 2004 |
£52,000 | 7 Apr 1995 |
£52,000 | 7 Apr 1995 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2004 the House Price Index for WEST MIDLANDS was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £140,000 results in an estimated price of approximately £265,486.
1 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £140,000 | £125,486 | £265,486 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 16.941 % | £23,717 | £163,717 |
3 Month Average | 44.110 % | £61,754 | £201,754 |
6 Month Average | 50.393 % | £70,549 | £210,549 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £167,354 | £164,000 | 49 HAWKSWELL DRIVE |
24 Feb 2023 | £218,963 | £217,500 | 40 HAWKSWELL DRIVE |
17 Nov 2021 | £242,963 | £223,000 | 10 HAWKSWELL DRIVE |
29 Oct 2021 | £317,681 | £285,000 | 19 HAWKSWELL DRIVE |
1 Sep 2021 | £180,204 | £166,000 | 17 CHESWICK CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Jun 2019. Using an estimated price of £265,486 means this house is valued at £3,962 per sq meter (£368 per sq foot).
The average size of a house on HAWKSWELL DRIVE is 67 sq meters (722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marden Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Marden Close |
Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Marden Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Packwood Close |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Packwood Close |