£285,280
This estimated value is based upon the latest sale price for the house of £165,000 on 14 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Priory Close
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| Price Paid | Date |
|---|---|
| £165,000 | 14 Jul 2006 |
| £149,950 | 24 Mar 2005 |
| £70,000 | 24 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £165,000 results in an estimated price of approximately £285,280.
| 14 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £165,000 | £120,280 | £285,280 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 81.360 % | £134,243 | £299,243 |
| 3 Month Average | 60.248 % | £99,408 | £264,408 |
| 6 Month Average | 92.020 % | £151,833 | £316,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £343,157 | £339,000 | 5 ST MARTINS CLOSE |
| 12 Aug 2022 | £246,337 | £247,000 | 9 ST DAVIDS CLOSE |
| 20 May 2022 | £224,225 | £220,000 | 60 EUROPA AVENUE |
| 31 Mar 2022 | £352,329 | £340,000 | 7 ST DAVIDS CLOSE |
| 29 Nov 2021 | £346,084 | £320,000 | 12 ST MARTINS CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Jul 2015. Using an estimated price of £285,280 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on PRIORY CLOSE is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priory Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priory Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Priory Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Priory Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Offini Close |