£175,035
This estimated value is based upon the latest sale price for the house of £141,000 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Medway Croft
More crime details
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Price Paid | Date |
---|---|
£141,000 | 19 Nov 2018 |
£105,000 | 27 May 2005 |
£81,000 | 3 Mar 2004 |
Semi-Detached |
Leasehold |
Floor Area: 71 sq meters or 764 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £141,000 results in an estimated price of approximately £175,035.
19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £141,000 | £34,035 | £175,035 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 23.014 % | £32,449 | £173,449 |
3 Month Average | 12.143 % | £17,121 | £158,121 |
6 Month Average | 14.997 % | £21,145 | £162,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £154,755 | £150,000 | 29 AVON DRIVE |
30 Nov 2023 | £179,558 | £175,000 | 8 SEVERN CLOSE |
26 Sep 2023 | £189,170 | £185,000 | 24 AVON DRIVE |
25 Sep 2023 | £204,508 | £200,000 | 37 KENNET GROVE |
22 Sep 2023 | £235,184 | £230,000 | 144 TAMAR DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Feb 2016. Using an estimated price of £175,036 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on SEVERN CLOSE is 86 sq meters (931 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Medway Croft |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Taw Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Taw Close |
Aug 2024 | Anti-social behaviour | On or near Taw Close | |
Aug 2024 | Anti-social behaviour | On or near Taw Close |