£277,074
This estimated value is based upon the latest sale price for the house of £278,000 on 14 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £278,000 | 14 Oct 2022 |
| £205,950 | 10 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £278,000 results in an estimated price of approximately £277,074.
| 14 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £278,000 | £-925 | £277,074 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -16.658 % | £-46,309 | £231,690 |
| 3 Month Average | -1.332 % | £-3,702 | £274,297 |
| 6 Month Average | 0.414 % | £1,149 | £279,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £296,740 | £290,000 | 8 MESSITER WAY |
| 12 Oct 2023 | £255,810 | £250,000 | 2 MESSITER WAY |
| 16 Jun 2023 | £158,170 | £155,000 | 17 BUTLER CLOSE |
| 6 Apr 2023 | £152,859 | £150,000 | 385 BIRMINGHAM NEW ROAD |
| 16 Jan 2023 | £145,388 | £145,000 | 309 BIRMINGHAM NEW ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Jun 2018. Using an estimated price of £277,075 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on MESSITER WAY is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Guest Avenue |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Butler Close |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near The Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mallows Grove |