£199,638
This estimated value is based upon the latest sale price for the house of £40,000 on 3 Oct 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 3 Oct 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 1997 the House Price Index for WEST MIDLANDS was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £40,000 results in an estimated price of approximately £199,638.
| 3 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £40,000 | £159,638 | £199,638 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 234.553 % | £93,821 | £133,821 |
| 3 Month Average | 284.024 % | £113,609 | £153,609 |
| 6 Month Average | 303.014 % | £121,205 | £161,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £125,352 | £121,500 | 42 HAGLEY ROAD |
| 20 Nov 2023 | £138,516 | £135,000 | FLAT 5 OAK COURT IBSTOCK DRIVE |
| 21 Jan 2022 | £121,923 | £115,000 | 14 DANFORD CLOSE |
| 14 Jan 2022 | £238,545 | £225,000 | 61 HAGLEY ROAD |
| 19 Nov 2021 | £111,676 | £102,500 | 4 DANFORD CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 18 May 2016. Using an estimated price of £199,638 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on DANFORD CLOSE is 64 sq meters (698 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Danford Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ibstock Drive |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Ibstock Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ibstock Drive |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |