£316,838
This estimated value is based upon the latest sale price for the house of £255,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£255,000 | 10 Jul 2019 |
£175,000 | 18 Sep 2015 |
Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £255,000 results in an estimated price of approximately £316,838.
10 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £255,000 | £61,838 | £316,838 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 14.715 % | £37,522 | £292,522 |
3 Month Average | 33.550 % | £85,553 | £340,553 |
6 Month Average | 33.267 % | £84,832 | £339,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £337,935 | £335,000 | 16 BOURNE STREET |
6 Dec 2023 | £131,542 | £127,500 | 1 BROOK STREET |
17 Nov 2023 | £277,032 | £270,000 | 10 MAPLE CLOSE |
21 Apr 2023 | £280,242 | £275,000 | 6 WESTERDALE CLOSE |
3 Feb 2023 | £241,614 | £240,000 | 17 BOURNE STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Apr 2015. Using an estimated price of £316,839 means this house is valued at £5,760 per sq meter (£535 per sq foot).
The average size of a house on WESTERDALE CLOSE is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Helmsdale Way |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helmsdale Way |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reynards Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Reynards Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reynards Close |