£565,976
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Jan 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £330,000 | 8 Jan 2010 |
| £380,000 | 3 Dec 2007 |
| £320,000 | 10 Oct 2005 |
| £199,950 | 25 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,304 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 January 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £330,000 results in an estimated price of approximately £565,976.
| 8 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £330,000 | £235,976 | £565,976 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 214.711 % | £708,546 | £1,038,546 |
| 3 Month Average | 122.950 % | £405,733 | £735,733 |
| 6 Month Average | 74.956 % | £247,356 | £577,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2021 | £648,908 | £600,000 | 2 SYCAMORE CLOSE |
| 15 Dec 2020 | £525,079 | £457,500 | 18 OAK WAY |
| 8 Dec 2020 | £476,301 | £415,000 | 19 OAK WAY |
| 6 Nov 2020 | £562,287 | £485,000 | 4 SYCAMORE CLOSE |
| 21 Aug 2020 | £293,771 | £245,000 | 9 OAK WAY |
This house has a floor area of 121 sq meters or 1,304 sq feet when measured on 2 Jul 2009. Using an estimated price of £565,976 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on SYCAMORE CLOSE is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Way |
| Feb 2024 | Other theft | Local resolution | On or near Oak Way |
| Feb 2024 | Other theft | Local resolution | On or near Oak Way |