£1,593,286
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Nov 2024. 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 | 8 Nov 2024 |
| £180,000 | 14 May 2018 |
| £140,000 | 17 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2024 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £260,000 results in an estimated price of approximately £1,593,286.
| 8 Nov 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £260,000 | £1,333,286 | £1,593,286 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 0.000 % | £0 | £260,000 |
| 3 Month Average | 0.000 % | £0 | £260,000 |
| 6 Month Average | 0.000 % | £0 | £260,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £177,000 | £177,000 | 10 ACACIA DRIVE |
| 2 Jun 2023 | £224,499 | £220,000 | 16 ACACIA DRIVE |
| 26 Aug 2022 | £238,616 | £237,500 | 7 PARK CLOSE |
| 9 Jun 2022 | £240,133 | £235,000 | 14 PARK CLOSE |
| 14 Apr 2022 | £212,671 | £205,000 | 3 HOCKLEY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 May 2016.
The average size of a house on PARK CLOSE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chad Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechfield Grove |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Beechfield Grove |
| Oct 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Jesson Road |