£271,500
This estimated value is based upon the latest sale price for the house of £262,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £262,000 | 4 Mar 2022 |
| £87,950 | 8 Feb 2002 |
| Detached |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £262,000 results in an estimated price of approximately £271,500.
| 4 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £262,000 | £9,500 | £271,500 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -53.921 % | £-141,273 | £120,726 |
| 3 Month Average | -5.637 % | £-14,768 | £247,231 |
| 6 Month Average | 21.718 % | £56,900 | £318,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £168,818 | £167,000 | 35 HAYWOODS FARM |
| 25 Nov 2022 | £242,068 | £245,000 | 526 BEACONVIEW ROAD |
| 17 Jun 2022 | £228,225 | £225,000 | 6 MILLERSDALE DRIVE |
| 25 Mar 2022 | £264,247 | £255,000 | 6 HAYWOODS FARM |
| 4 Mar 2022 | £271,501 | £262,000 | 17 MILLERSDALE DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Nov 2021. Using an estimated price of £271,501 means this house is valued at £3,668 per sq meter (£340 per sq foot).
The average size of a house on MILLERSDALE DRIVE is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Millersdale Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millersdale Drive |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Millersdale Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Millersdale Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haywood'S Farm |