£292,408
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 19 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £230,000 results in an estimated price of approximately £292,408.
| 19 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £230,000 | £62,408 | £292,408 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | 233.628 % | £537,345 | £767,345 |
| 3 Month Average | 7.249 % | £16,673 | £246,673 |
| 6 Month Average | 24.911 % | £57,294 | £287,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £108,670 | £107,000 | 21 RYHOPE WALK |
| 1 Mar 2024 | £309,251 | £304,500 | 19 EARLSWOOD CRESCENT |
| 5 Dec 2023 | £314,669 | £305,000 | 12 CAMROSE GARDENS |
| 24 Nov 2023 | £205,209 | £200,000 | 1 LESSCROFT CLOSE |
| 25 Aug 2023 | £203,673 | £200,000 | 20 LESSCROFT CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 26 Jun 2017. Using an estimated price of £292,409 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on FINCHAM CLOSE is 139 sq meters (1,496 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Clewley Drive | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clewley Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Fincham Close |
| Jul 2024 | Burglary | Under investigation | On or near Lesscroft Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lesscroft Close |