£483,247
This estimated value is based upon the latest sale price for the house of £294,000 on 18 Jul 2008. 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 Hitchcock Close
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| Price Paid | Date |
|---|---|
| £294,000 | 18 Jul 2008 |
| £210,000 | 29 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2008 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £294,000 results in an estimated price of approximately £483,247.
| 18 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £294,000 | £189,247 | £483,247 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 58.152 % | £170,966 | £464,966 |
| 3 Month Average | 48.841 % | £143,593 | £437,593 |
| 6 Month Average | 42.116 % | £123,821 | £417,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £259,066 | £250,000 | 44 BARTLEET ROAD |
| 31 Jan 2022 | £166,280 | £158,000 | 17 HITCHCOCK CLOSE |
| 21 Dec 2021 | £267,844 | £250,000 | 10 JACKSON DRIVE |
| 2 Aug 2021 | £200,811 | £180,000 | 21 HITCHCOCK CLOSE |
| 18 Dec 2020 | £262,826 | £229,000 | 9 SMALL CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 15 Apr 2010. Using an estimated price of £483,247 means this house is valued at £4,389 per sq meter (£407 per sq foot).
The average size of a house on HOLLY LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hitchcock Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackson Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Small Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Small Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Small Close |