£274,559
This estimated value is based upon the latest sale price for the house of £142,500 on 6 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£142,500 | 6 Aug 2004 |
£82,500 | 27 Apr 2001 |
£58,500 | 31 Mar 1995 |
Detached |
Freehold |
Floor Area: 77 sq meters or 830 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 August 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £142,500 results in an estimated price of approximately £274,559.
6 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 148.6 | 92.673 % | £142,500 | £132,059 | £274,559 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 13.633 % | £19,426 | £161,926 |
3 Month Average | 53.991 % | £76,937 | £219,437 |
6 Month Average | 71.407 % | £101,754 | £244,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £339,339 | £335,000 | 14 BROCTON CLOSE |
10 Feb 2023 | £229,845 | £230,000 | 25 TURTONS CROFT |
8 Feb 2023 | £334,775 | £335,000 | 53 OVERFIELD DRIVE |
25 Jan 2023 | £338,406 | £340,000 | 39 OVERFIELD DRIVE |
26 Oct 2022 | £346,272 | £350,000 | 31 OVERFIELD DRIVE |
This house has a floor area of 77 sq meters or 830 sq feet when measured on 4 Apr 2009. Using an estimated price of £274,559 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on OVERFIELD DRIVE is 101 sq meters (1,095 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moss Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sidcup Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Overfield Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempsons Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempsons Grove |