£276,621
This estimated value is based upon the latest sale price for the house of £214,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £214,000 | 28 Apr 2017 |
| £174,950 | 10 Jul 2009 |
| £184,950 | 28 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 918 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 April 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £214,000 results in an estimated price of approximately £276,621.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £214,000 | £62,621 | £276,621 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 44.814 % | £95,902 | £309,902 |
| 3 Month Average | 12.222 % | £26,155 | £240,155 |
| 6 Month Average | 19.888 % | £42,559 | £256,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £106,578 | £105,000 | 18 MIDDLE MEADOW |
| 19 Sep 2023 | £88,426 | £87,295 | 25 MIDDLE MEADOW |
| 25 Aug 2023 | £302,648 | £300,000 | 15 GREAT MEADOW |
| 27 Jul 2022 | £100,270 | £100,000 | 36 MIDDLE MEADOW |
| 8 Apr 2022 | £88,563 | £86,000 | 57 MIDDLE MEADOW |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 8 Apr 2009. Using an estimated price of £276,621 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on GREAT MEADOW is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Meadow |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sannders Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Far High Drive |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Far High Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Far High Drive |