£264,630
This estimated value is based upon the latest sale price for the house of £260,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£260,000 | 20 Dec 2023 |
£152,700 | 14 Sep 2012 |
£161,500 | 14 Jul 2006 |
£130,000 | 25 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 799 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 December 2023 the House Price Index for WEST MIDLANDS was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £260,000 results in an estimated price of approximately £264,630.
20 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £260,000 | £4,630 | £264,630 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -12.806 % | £-33,294 | £226,705 |
3 Month Average | -16.794 % | £-43,665 | £216,334 |
6 Month Average | 0.784 % | £2,038 | £262,038 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £264,630 | £260,000 | 16 OVERTON CLOSE |
10 Feb 2023 | £226,847 | £227,000 | 92 SOLIHULL LANE |
31 Oct 2022 | £430,366 | £435,000 | 6 PEMBROKE CROFT |
9 Dec 2021 | £144,636 | £135,000 | 15 OVERTON CLOSE |
28 Jun 2021 | £343,336 | £320,000 | 99 OVERTON CLOSE |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 21 Jul 2009. Using an estimated price of £264,630 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on OVERTON CLOSE is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Overton Close | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Loxleys |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Loxleys |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Solihull Lane |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Solihull Lane |