£489,609
This estimated value is based upon the latest sale price for the house of £349,000 on 3 Nov 2015. 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 The Close
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| Price Paid | Date |
|---|---|
| £349,000 | 3 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £349,000 results in an estimated price of approximately £489,609.
| 3 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £349,000 | £140,609 | £489,609 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 33.830 % | £118,066 | £467,066 |
| 3 Month Average | 59.184 % | £206,552 | £555,552 |
| 6 Month Average | 36.559 % | £127,589 | £476,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £513,023 | £500,000 | 22 BOURTON ROAD |
| 14 Aug 2023 | £519,367 | £510,000 | 8 THE CLOSE |
| 2 Jun 2023 | £516,348 | £506,000 | 25 BOURTON ROAD |
| 30 Jan 2023 | £451,206 | £450,000 | 27 BOURTON ROAD |
| 20 Jan 2023 | £466,246 | £465,000 | 17 BOURTON ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 17 Aug 2015. Using an estimated price of £489,610 means this house is valued at £4,575 per sq meter (£425 per sq foot).
The average size of a house on BOURTON ROAD is 124 sq meters (1,342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near The Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourton Croft |
| Oct 2024 | Burglary | Under investigation | On or near Bourton Croft |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bourton Croft |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ulverley Green Road |