£270,246
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jul 2019. 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 Sapphire Gate
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Jul 2019 |
| £115,000 | 30 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £220,000 results in an estimated price of approximately £270,246.
| 5 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £220,000 | £50,246 | £270,246 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 7.687 % | £16,910 | £236,910 |
| 3 Month Average | 2.193 % | £4,825 | £224,825 |
| 6 Month Average | 13.103 % | £28,827 | £248,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £266,984 | £265,000 | 11A HERRICK ROAD |
| 7 Jan 2022 | £214,873 | £205,000 | 27 HERRICK ROAD |
| 20 Dec 2021 | £240,087 | £225,000 | 4 BRIARS CLOSE |
| 6 Oct 2020 | £216,144 | £185,000 | 117A MOMUS BOULEVARD |
| 28 Jul 2020 | £120,432 | £100,000 | 15 BRIARS CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Jul 2018. Using an estimated price of £270,247 means this house is valued at £3,702 per sq meter (£343 per sq foot).
The average size of a house on BRIARS CLOSE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Sapphire Gate |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sapphire Gate |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sapphire Gate |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sapphire Gate |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sapphire Gate |