£195,594
This estimated value is based upon the latest sale price for the house of £152,000 on 2 May 2017. 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 Loweswater Drive
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| Price Paid | Date |
|---|---|
| £152,000 | 2 May 2017 |
| £146,500 | 28 Apr 2006 |
| £79,950 | 31 Jul 2002 |
| £64,950 | 4 May 2001 |
| £16,000 | 30 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £152,000 results in an estimated price of approximately £195,594.
| 2 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £152,000 | £43,594 | £195,594 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 66.626 % | £101,271 | £253,271 |
| 3 Month Average | 39.590 % | £60,176 | £212,176 |
| 6 Month Average | 24.166 % | £36,732 | £188,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £63,816 | £63,000 | 41 SANDSTONE CLOSE |
| 25 Aug 2023 | £199,243 | £197,500 | 61 SANDSTONE CLOSE |
| 16 Jan 2023 | £247,833 | £249,000 | 2B LOWESWATER DRIVE |
| 30 Sep 2022 | £187,486 | £189,000 | 34 SANDSTONE CLOSE |
| 31 Aug 2022 | £286,728 | £287,500 | 8 LOWESWATER DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Mar 2016. Using an estimated price of £195,594 means this house is valued at £1,995 per sq meter (£185 per sq foot).
The average size of a house on ROBERT STREET is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Loweswater Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandstone Close |
| Apr 2024 | Anti-social behaviour | On or near Sandstone Close | |
| Mar 2024 | Anti-social behaviour | On or near Sandstone Close | |
| Mar 2024 | Anti-social behaviour | On or near Sandstone Close |