£185,361
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £175,000 results in an estimated price of approximately £185,361.
| 29 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £175,000 | £10,361 | £185,361 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 3.373 % | £5,903 | £180,903 |
| 3 Month Average | -16.454 % | £-28,795 | £146,204 |
| 6 Month Average | -19.802 % | £-34,654 | £140,345 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Mar 2021.
The average size of a house on EDGEWORTH CLOSE is 103 sq meters (1,110 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stroud Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Edgeworth Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edgeworth Close |
| Mar 2024 | Burglary | Under investigation | On or near Oakridge Drive |