£551,063
This estimated value is based upon the latest sale price for the house of £490,000 on 22 Apr 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£490,000 | 22 Apr 2021 |
£335,000 | 4 Nov 2011 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 April 2021 the House Price Index for WEST MIDLANDS was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £490,000 results in an estimated price of approximately £551,063.
22 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.0 | 12.462 % | £490,000 | £61,063 | £551,063 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 63.383 % | £310,575 | £800,575 |
3 Month Average | 13.436 % | £65,838 | £555,838 |
6 Month Average | -0.792 % | £-3,880 | £486,119 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £175,568 | £174,500 | 129 CALDER DRIVE |
23 Jul 2023 | £153,452 | £152,000 | 135 CALDER DRIVE |
1 Feb 2023 | £164,223 | £165,000 | 36 HARGREAVE CLOSE |
6 May 2022 | £553,224 | £545,000 | 124 CALDER DRIVE |
7 Mar 2022 | £154,812 | £150,000 | 123 CALDER DRIVE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 27 Aug 2020. Using an estimated price of £551,064 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on TOWNSEND DRIVE is 133 sq meters (1,432 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Lane Croft |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane Croft |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Pytman Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pytman Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trewman Close |