£328,609
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£245,000 | 26 Aug 2016 |
£179,995 | 21 Nov 2003 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £245,000 results in an estimated price of approximately £328,609.
26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £245,000 | £83,609 | £328,609 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 171.341 % | £419,784 | £664,784 |
3 Month Average | 17.424 % | £42,687 | £287,687 |
6 Month Average | 52.370 % | £128,307 | £373,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £442,000 | £442,000 | 7 HYACINTH CLOSE |
28 Apr 2022 | £254,168 | £245,000 | 1 COLUMBINE CLOSE |
29 Sep 2021 | £287,676 | £265,000 | 8 HYACINTH CLOSE |
24 Sep 2021 | £211,685 | £194,999 | 34 POPPY DRIVE |
6 Nov 2020 | £169,935 | £145,500 | 23 POPPY DRIVE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 5 May 2009. Using an estimated price of £328,609 means this house is valued at £2,314 per sq meter (£214 per sq foot).
The average size of a house on HYACINTH CLOSE is 146 sq meters (1,582 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hyacinth Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderberry Close |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Elderberry Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderberry Close |
Jul 2024 | Anti-social behaviour | On or near Lavender Close |