£154,480
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 6 Dec 2019 |
£100,000 | 14 Oct 2005 |
£42,950 | 14 Feb 1997 |
Semi-Detached |
Freehold |
Floor Area: 50 sq meters or 538 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £125,000 results in an estimated price of approximately £154,480.
6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £125,000 | £29,480 | £154,480 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 38.567 % | £48,208 | £173,208 |
3 Month Average | 45.067 % | £56,333 | £181,333 |
6 Month Average | 44.517 % | £55,646 | £180,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £221,927 | £220,000 | 14 SIDAWAY CLOSE |
17 Nov 2023 | £210,339 | £205,000 | 36 WALLACE ROAD |
10 Nov 2023 | £203,157 | £198,000 | 11 LAWTON CLOSE |
5 Oct 2023 | £256,833 | £251,000 | 4 FALFIELD CLOSE |
15 Jun 2023 | £193,885 | £190,000 | 12 LAWTON CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Aug 2019. Using an estimated price of £154,481 means this house is valued at £3,089 per sq meter (£287 per sq foot).
The average size of a house on FALFIELD CLOSE is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Falfield Close |
Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Falfield Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sidaway Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malton Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malton Avenue |