£388,888
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 17 Aug 2021 |
| £181,250 | 30 Jun 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £350,000 results in an estimated price of approximately £388,888.
| 17 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £350,000 | £38,888 | £388,888 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -1.897 % | £-6,638 | £343,361 |
| 3 Month Average | -4.124 % | £-14,432 | £335,567 |
| 6 Month Average | 3.812 % | £13,343 | £363,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £291,774 | £290,000 | 82 BUSTLEHOLME LANE |
| 13 Jul 2023 | £236,235 | £234,000 | 26 JAYNE CLOSE |
| 30 Jun 2023 | £201,635 | £200,000 | 6 JAYNE CLOSE |
| 20 Oct 2022 | £344,874 | £350,000 | 12 WHITWORTH DRIVE |
| 29 Jul 2022 | £355,520 | £356,000 | 14 WHITWORTH DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Jul 2015. Using an estimated price of £388,889 means this house is valued at £4,093 per sq meter (£380 per sq foot).
The average size of a house on WHITWORTH DRIVE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bustleholme Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bustleholme Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bustleholme Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bustleholme Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bustleholme Lane |