£159,579
This estimated value is based upon the latest sale price for the house of £124,549 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£124,549 | 27 Jun 2017 |
Detached |
Leasehold |
Floor Area: 91 sq meters or 979 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £124,549 results in an estimated price of approximately £159,579.
27 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £124,549 | £35,030 | £159,579 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 77.199 % | £96,150 | £220,699 |
3 Month Average | 43.855 % | £54,621 | £179,170 |
6 Month Average | 47.604 % | £59,289 | £183,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £239,185 | £235,000 | 14 CHURCH GREEN |
2 Jun 2023 | £182,207 | £180,000 | 5 PARK MEADOW AVENUE |
6 Jan 2023 | £156,762 | £157,500 | 19A PARK MEADOW AVENUE |
24 Oct 2022 | £192,923 | £195,000 | 21 CHERRYWOOD GREEN |
15 Jul 2022 | £170,459 | £170,000 | 23 PARKVIEW ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Oct 2016. Using an estimated price of £159,579 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on EMERALD CLOSE is 106 sq meters (1,144 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Emerald Close |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Emerald Close |
Feb 2024 | Anti-social behaviour | On or near Emerald Close | |
Feb 2024 | Anti-social behaviour | On or near Emerald Close | |
Feb 2024 | Anti-social behaviour | On or near Emerald Close |