£216,174
This estimated value is based upon the latest sale price for the house of £162,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,000 | 3 Oct 2016 |
| £145,000 | 28 May 2010 |
| £102,000 | 10 Oct 2003 |
| £47,500 | 22 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 920 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £162,000 results in an estimated price of approximately £216,174.
| 3 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £162,000 | £54,174 | £216,174 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 32.988 % | £53,440 | £215,440 |
| 3 Month Average | 52.361 % | £84,825 | £246,825 |
| 6 Month Average | 43.048 % | £69,737 | £231,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £279,291 | £275,000 | 6 HEATON CLOSE |
| 27 Oct 2023 | £368,366 | £360,000 | 19 AINSWORTH ROAD |
| 20 Jun 2023 | £250,010 | £245,000 | 1 TAUNTON AVENUE |
| 20 Oct 2022 | £254,151 | £255,000 | 8 TAUNTON AVENUE |
| 26 Aug 2022 | £238,113 | £237,000 | 26 TAUNTON AVENUE |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 9 Dec 2009. Using an estimated price of £216,175 means this house is valued at £2,526 per sq meter (£234 per sq foot).
The average size of a house on HEATON CLOSE is 107 sq meters (1,160 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heaton Close |
| Jul 2024 | Anti-social behaviour | On or near Elton Close | |
| Jul 2024 | Anti-social behaviour | On or near Elton Close | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Elton Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Elton Close |