£116,692
This estimated value is based upon the latest sale price for the house of £67,500 on 25 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,500 | 25 Oct 2011 |
| £29,500 | 21 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £67,500 results in an estimated price of approximately £116,692.
| 25 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £67,500 | £49,192 | £116,692 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 94.311 % | £63,659 | £131,159 |
| 3 Month Average | 96.869 % | £65,386 | £132,886 |
| 6 Month Average | 98.198 % | £66,283 | £133,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2022 | £226,556 | £220,000 | 4 COMET DRIVE |
| 18 Dec 2020 | £229,485 | £199,950 | 21 OULTON DRIVE |
| 18 Dec 2020 | £229,485 | £199,950 | 23 OULTON DRIVE |
| 10 Dec 2020 | £220,935 | £192,500 | 10 BROOKLANDS CLOSE |
| 4 Dec 2020 | £223,747 | £194,950 | 12 BROOKLANDS CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Dec 2013. Using an estimated price of £116,693 means this house is valued at £1,852 per sq meter (£172 per sq foot).
The average size of a house on BUSHBURY LANE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Rockingham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockingham Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |