£285,716
This estimated value is based upon the latest sale price for the house of £227,995 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£227,995 | 29 Mar 2018 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £227,995 results in an estimated price of approximately £285,716.
29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £227,995 | £57,721 | £285,716 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 60.079 % | £136,977 | £364,972 |
3 Month Average | 27.085 % | £61,752 | £289,747 |
6 Month Average | 31.099 % | £70,904 | £298,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £101,781 | £100,000 | 12 AMBLESIDE CLOSE |
23 Jun 2023 | £184,738 | £182,500 | 5 HATFIELD DRIVE |
23 Jun 2022 | £187,652 | £185,000 | 33 HATFIELD DRIVE |
17 Jun 2022 | £178,523 | £176,000 | 111 DUDLEY STREET |
17 Dec 2021 | £123,208 | £115,000 | 7B BARNETT CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Mar 2018. Using an estimated price of £285,716 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on HATFIELD DRIVE is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Arlidge Close |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Arlidge Close |
Mar 2024 | Anti-social behaviour | On or near Hatfield Drive | |
Mar 2024 | Anti-social behaviour | On or near Hatfield Drive | |
Jan 2024 | Drugs | Unable to prosecute suspect | On or near Barnett Close |