£244,301
This estimated value is based upon the latest sale price for the house of £194,950 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£194,950 | 15 Jun 2018 |
£160,000 | 5 Jun 2017 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £194,950 results in an estimated price of approximately £244,301.
15 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £194,950 | £49,351 | £244,301 |
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 | 38.135 % | £74,344 | £269,294 |
3 Month Average | 24.434 % | £47,634 | £242,584 |
6 Month Average | 32.198 % | £62,770 | £257,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2024 | £260,000 | £260,000 | 41 ELMWOOD ROAD |
10 May 2024 | £275,000 | £275,000 | 102 ARUNDEL ROAD |
30 Jun 2023 | £239,806 | £235,000 | 33 RENFREW CLOSE |
20 Apr 2023 | £239,479 | £235,000 | 10 HAMILTON CLOSE |
6 Apr 2023 | £218,079 | £214,000 | 168 BALMORAL ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Nov 2017. Using an estimated price of £244,302 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on HAMILTON CLOSE is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Bluebell Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaton Place |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaton Place |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rothesay Drive |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rothesay Drive |