£61,016
This estimated value is based upon the latest sale price for the house of £50,000 on 9 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 9 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £50,000 results in an estimated price of approximately £61,016.
| 9 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £50,000 | £11,016 | £61,016 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 42.204 % | £21,102 | £71,102 |
| 3 Month Average | 11.990 % | £5,995 | £55,995 |
| 6 Month Average | 35.230 % | £17,615 | £67,615 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Oct 2018.
The average size of a house on RUSSELL CLOSE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Barnard Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnard Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnard Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Coppice Close |
| Feb 2024 | Public order | Under investigation | On or near Coppice Close |