£404,591
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Jan 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 30 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 January 1998 the House Price Index for WEST MIDLANDS was 30.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 375.990%.Applying this 375.990% change to the original purchase price of £85,000 results in an estimated price of approximately £404,591.
| 30 Jan 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 146.7 | 375.990 % | £85,000 | £319,591 | £404,591 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 169.947 % | £144,455 | £229,455 |
| 3 Month Average | 253.929 % | £215,839 | £300,839 |
| 6 Month Average | 264.623 % | £224,929 | £309,929 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 21 Apr 2016.
There is one other house on the street which we know the size of, this is 5 MEAD CLOSE it is 107.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Belmont Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mead Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheraton Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Hatherton Place |