£288,053
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Aug 2022. 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 Spinney Close
More crime details
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| Price Paid | Date |
|---|---|
| £290,000 | 19 Aug 2022 |
| £170,000 | 18 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £290,000 results in an estimated price of approximately £288,053.
| 19 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £290,000 | £-1,946 | £288,053 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -23.709 % | £-68,755 | £221,244 |
| 3 Month Average | 4.339 % | £12,581 | £302,581 |
| 6 Month Average | -0.812 % | £-2,356 | £287,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £331,119 | £330,000 | 27 SPINNEY CLOSE |
| 19 Aug 2022 | £288,054 | £290,000 | 10 SPINNEY CLOSE |
| 26 Jul 2022 | £381,984 | £382,500 | 2 HIGHCROFT AVENUE |
| 20 Jul 2022 | £364,507 | £365,000 | 8 HIGHCROFT AVENUE |
| 9 Dec 2021 | £346,792 | £325,000 | 131 LAWNSWOOD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Jul 2013. Using an estimated price of £288,054 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on SPINNEY CLOSE is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Jan 2024 | Drugs | Local resolution | On or near Spinney Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rothesay Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bluebell Close |
| Apr 2024 | Burglary | Under investigation | On or near Horsham Avenue |