£83,116
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Sandstone Close
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Price Paid | Date |
---|---|
£70,000 | 3 Sep 2020 |
£77,000 | 25 Oct 2013 |
£80,000 | 5 Oct 2007 |
£41,000 | 3 Feb 2003 |
Flats/Maisonettes |
Leasehold |
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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £70,000 results in an estimated price of approximately £83,116.
3 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £70,000 | £13,116 | £83,116 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 38.795 % | £27,156 | £97,156 |
3 Month Average | 29.098 % | £20,368 | £90,368 |
6 Month Average | 22.360 % | £15,651 | £85,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £258,832 | £255,000 | 42 RUITON STREET |
7 Sep 2023 | £63,816 | £63,000 | 41 SANDSTONE CLOSE |
25 Aug 2023 | £199,243 | £197,500 | 61 SANDSTONE CLOSE |
1 Jun 2023 | £166,922 | £164,900 | 60 RUITON STREET |
22 Feb 2023 | £184,876 | £185,000 | 14 REDSTONE WAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 27 Feb 2020. Using an estimated price of £83,117 means this house is valued at £2,077 per sq meter (£193 per sq foot).
The average size of a house on SANDSTONE CLOSE is 66 sq meters (712 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Sandstone Close | |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandstone Close |
Feb 2024 | Anti-social behaviour | On or near Sandstone Close | |
Feb 2024 | Anti-social behaviour | On or near Sandstone Close | |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Sandstone Close |