£421,284
This estimated value is based upon the latest sale price for the house of £343,500 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £343,500 | 22 Nov 2019 |
| £242,500 | 3 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £343,500 results in an estimated price of approximately £421,284.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £343,500 | £77,784 | £421,284 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -5.777 % | £-19,844 | £323,655 |
| 3 Month Average | 1.015 % | £3,486 | £346,986 |
| 6 Month Average | 11.043 % | £37,933 | £381,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £157,000 | £157,000 | 17 ENTERPRISE DRIVE |
| 20 Sep 2023 | £165,111 | £163,000 | 7 ENTERPRISE DRIVE |
| 11 Aug 2023 | £149,811 | £148,500 | FLAT 9 CROXTON COURT ALDRIDGE ROAD |
| 7 Aug 2023 | £166,456 | £165,000 | 9 ENTERPRISE DRIVE |
| 29 Mar 2023 | £151,427 | £150,000 | 3 ENTERPRISE DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Nov 2018. Using an estimated price of £421,284 means this house is valued at £3,761 per sq meter (£349 per sq foot).
The average size of a house on OLD LINDENS CLOSE is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Range |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amble Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Amble Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aldridge Road |
| Jan 2024 | Possession of weapons | Under investigation | On or near Aldridge Road |