£415,877
This estimated value is based upon the latest sale price for the house of £410,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Jesson Close
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| Price Paid | Date |
|---|---|
| £410,000 | 17 Jun 2022 |
| £185,000 | 8 Jul 2003 |
| £115,000 | 29 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,581 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £410,000 results in an estimated price of approximately £415,877.
| 17 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £410,000 | £5,877 | £415,877 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 43.478 % | £178,260 | £588,260 |
| 3 Month Average | 0.446 % | £1,828 | £411,828 |
| 6 Month Average | 13.663 % | £56,017 | £466,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £314,015 | £310,000 | 221 BIRMINGHAM ROAD |
| 15 Sep 2023 | £151,943 | £150,000 | FLAT 31 SPRING COURT BIRMINGHAM ROAD |
| 17 Mar 2023 | £111,046 | £110,000 | FLAT 9 SPRING COURT BIRMINGHAM ROAD |
| 9 Jan 2023 | £508,604 | £511,000 | 31 KEBLE GROVE |
| 14 Oct 2022 | £152,360 | £154,000 | 14 JESSON CLOSE |
This house has a floor area of 146 sq meters or 1,581 sq feet when measured on 21 Jul 2010. Using an estimated price of £415,877 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Jesson Close |
| Mar 2024 | Anti-social behaviour | On or near A34 | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A34 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A34 |
| Jan 2024 | Anti-social behaviour | On or near A34 |