£140,315
This estimated value is based upon the latest sale price for the house of £67,995 on 11 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,995 | 11 Mar 2004 |
| £31,000 | 23 Dec 1998 |
| £31,500 | 31 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 40 sq meters or 430 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 March 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 106.362%.Applying this 106.362% change to the original purchase price of £67,995 results in an estimated price of approximately £140,315.
| 11 Mar 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 146.7 | 106.362 % | £67,995 | £72,320 | £140,315 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 73.936 % | £50,273 | £118,268 |
| 3 Month Average | 99.231 % | £67,472 | £135,467 |
| 6 Month Average | 91.232 % | £62,033 | £130,028 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Nov 2013.
The average size of a house on PACKWOOD CLOSE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Packwood Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheswick Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawkswell Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dilloways Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dilloways Lane |