£745,626
This estimated value is based upon the latest sale price for the house of £600,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £600,000 | 7 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £600,000 results in an estimated price of approximately £745,626.
| 7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £600,000 | £145,626 | £745,626 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -9.877 % | £-59,264 | £540,735 |
| 3 Month Average | 9.098 % | £54,585 | £654,585 |
| 6 Month Average | 16.226 % | £97,357 | £697,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £605,000 | £605,000 | 16 PINLEY WAY |
| 19 Apr 2024 | £472,100 | £468,000 | 16 REDBROOKS CLOSE |
| 27 Mar 2024 | £604,284 | £595,000 | 7 PINLEY WAY |
| 10 Nov 2023 | £507,892 | £495,000 | 29 CLAREWELL AVENUE |
| 17 Mar 2023 | £788,162 | £775,000 | 36 GLASTON DRIVE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 25 Sep 2017. Using an estimated price of £745,626 means this house is valued at £5,072 per sq meter (£471 per sq foot).
The average size of a house on REDBROOKS CLOSE is 118 sq meters (1,275 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Widney Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linton Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsbrook Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashton Croft |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tanwood Close |