£176,593
This estimated value is based upon the latest sale price for the house of £131,500 on 5 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £131,500 | 5 May 2016 |
| £125,000 | 26 Oct 2007 |
| £106,500 | 19 Nov 2004 |
| £40,000 | 13 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £131,500 results in an estimated price of approximately £176,593.
| 5 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £131,500 | £45,093 | £176,593 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 10.369 % | £13,635 | £145,135 |
| 3 Month Average | 23.531 % | £30,942 | £162,442 |
| 6 Month Average | 48.052 % | £63,188 | £194,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £191,807 | £190,000 | 92 MAYFLOWER DRIVE |
| 18 Nov 2022 | £189,702 | £192,000 | 98 MAYFLOWER DRIVE |
| 4 Apr 2022 | £101,950 | £99,000 | 67 LLOYD CRESCENT |
| 18 Mar 2022 | £98,963 | £95,500 | 75 LLOYD CRESCENT |
| 26 Jan 2022 | £186,276 | £177,000 | 24 CRAKSTON CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 1 Jun 2020. Using an estimated price of £176,593 means this house is valued at £2,894 per sq meter (£268 per sq foot).
The average size of a house on STANDISH CLOSE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Standish Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Standish Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Standish Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Rigdale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rigdale Close |