£300,916
This estimated value is based upon the latest sale price for the house of £195,500 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,500 | 25 Jul 2014 |
| £206,000 | 14 Sep 2007 |
| £80,950 | 7 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,460 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £195,500 results in an estimated price of approximately £300,916.
| 25 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £195,500 | £105,416 | £300,916 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 67.457 % | £131,877 | £327,377 |
| 3 Month Average | 51.824 % | £101,316 | £296,816 |
| 6 Month Average | 50.758 % | £99,231 | £294,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £354,392 | £348,000 | 9 STREAMSIDE WAY |
| 19 Jan 2023 | £270,723 | £270,000 | 12 THE DRIVE |
| 29 Apr 2022 | £1,556 | £1,500 | 4 LITTLE ORCHARD CLOSE |
| 29 Apr 2022 | £1,867 | £1,800 | 3 LITTLE ORCHARD CLOSE |
| 29 Apr 2022 | £1,815 | £1,750 | 5 LITTLE ORCHARD CLOSE |
This house has a floor area of 135 sq meters or 1,460 sq feet when measured on 1 Oct 2008. Using an estimated price of £300,917 means this house is valued at £2,217 per sq meter (£205 per sq foot).
The average size of a house on GLADESIDE CLOSE is 127 sq meters (1,377 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,460 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gladeside Close |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Oct 2024 | Public order | Under investigation | On or near Swan Pool Grove |
| Sep 2024 | Vehicle crime | Under investigation | On or near Swan Pool Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Springhill Close |