£319,212
This estimated value is based upon the latest sale price for the house of £58,000 on 15 Jul 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £58,000 | 15 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 1996 the House Price Index for WEST MIDLANDS was 26.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 450.366%.Applying this 450.366% change to the original purchase price of £58,000 results in an estimated price of approximately £319,212.
| 15 Jul 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 146.7 | 450.366 % | £58,000 | £261,212 | £319,212 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 249.574 % | £144,752 | £202,752 |
| 3 Month Average | 252.620 % | £146,519 | £204,519 |
| 6 Month Average | 261.974 % | £151,945 | £209,945 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 9 May 2013.
The average size of a house on ROYAL CLOSE is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shadymoor Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandringham Way |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |