£99,063
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 22 Mar 2016 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 March 2016 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 41.520%.Applying this 41.520% change to the original purchase price of £70,000 results in an estimated price of approximately £99,063.
22 Mar 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 104.3 | 41.520 % | £70,000 | £29,063 | £99,063 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 52.697 % | £36,887 | £106,887 |
3 Month Average | 46.104 % | £32,273 | £102,273 |
6 Month Average | 47.285 % | £33,099 | £103,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2024 | £123,798 | £120,000 | 101 SQUIRES GROVE |
1 Oct 2024 | £104,196 | £100,000 | 50 SQUIRES GROVE |
29 Aug 2024 | £220,574 | £210,000 | 76 SQUIRES GROVE |
10 Nov 2023 | £128,238 | £120,000 | 5 SQUIRES GROVE |
10 Nov 2023 | £123,963 | £116,000 | 49 SQUIRES GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Nov 2015. Using an estimated price of £99,064 means this house is valued at £1,253 per sq meter (£116 per sq foot).
The average size of a house on SPRINGHILL CLOSE is 104 sq meters (1,123 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Criminal damage and arson | Under investigation | On or near Brereton Road |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brereton Road |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorne Road |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Rugeley Avenue |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Rugeley Avenue |