£101,023
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£100,000 | 1 Jun 2022 |
£55,000 | 16 May 2016 |
£63,000 | 11 Jun 2009 |
£57,000 | 23 Jan 2004 |
£32,000 | 3 Nov 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £100,000 results in an estimated price of approximately £101,023.
1 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.0 | 1.024 % | £100,000 | £1,023 | £101,023 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -6.700 % | £-6,699 | £93,300 |
3 Month Average | -12.591 % | £-12,591 | £87,408 |
6 Month Average | -0.998 % | £-997 | £99,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £265,014 | £260,000 | 98 GLENEAGLES ROAD |
7 Jul 2023 | £111,050 | £110,000 | 24 COMRIE CLOSE |
28 Oct 2022 | £260,133 | £264,000 | 84 GLENEAGLES ROAD |
9 Sep 2022 | £108,283 | £109,600 | 18 COMRIE CLOSE |
2 Sep 2022 | £266,756 | £270,000 | 95 GLENEAGLES ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Mar 2014. Using an estimated price of £101,024 means this house is valued at £2,020 per sq meter (£187 per sq foot).
The average size of a house on BALMORAL CLOSE is 55 sq meters (601 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Balmoral Close |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Balmoral Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braemar Close |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Braemar Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braemar Close |