£429,708
This estimated value is based upon the latest sale price for the house of £287,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £287,000 | 21 Nov 2014 |
| £249,000 | 17 Nov 2011 |
| £230,000 | 15 May 2009 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,230 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £287,000 results in an estimated price of approximately £429,708.
| 21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £287,000 | £142,708 | £429,708 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 31.308 % | £89,855 | £376,855 |
| 3 Month Average | 53.455 % | £153,415 | £440,415 |
| 6 Month Average | 57.934 % | £166,271 | £453,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2022 | £128,444 | £130,000 | 40 HAMILTON AVENUE |
| 8 Jun 2022 | £562,956 | £555,000 | 50 CLOISTER DRIVE |
| 27 May 2022 | £433,162 | £425,000 | 118 HAMILTON AVENUE |
| 26 May 2022 | £96,824 | £95,000 | 73 HAMILTON AVENUE |
| 1 Apr 2022 | £92,682 | £90,000 | 2 SANDALS RISE |
This house has a floor area of 114 sq meters or 1,230 sq feet when measured on 15 Feb 2010. Using an estimated price of £429,709 means this house is valued at £3,759 per sq meter (£349 per sq foot).
The average size of a house on CLOISTER DRIVE is 145 sq meters (1,569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandals Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandals Rise |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue | |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue |