£223,768
This estimated value is based upon the latest sale price for the house of £132,000 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,000 | 18 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £132,000 results in an estimated price of approximately £223,768.
| 18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £132,000 | £91,768 | £223,768 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 60.620 % | £80,018 | £212,018 |
| 3 Month Average | 72.315 % | £95,456 | £227,456 |
| 6 Month Average | 79.594 % | £105,064 | £237,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £270,365 | £268,000 | 31 FARMBROOK AVENUE |
| 6 Apr 2023 | £123,833 | £122,500 | 17 VINE CLOSE |
| 16 Feb 2023 | £219,852 | £220,000 | 5 MILLDALE ROAD |
| 2 Feb 2023 | £189,872 | £190,000 | 15 ORIEL DRIVE |
| 2 Feb 2023 | £304,795 | £305,000 | 607 STAFFORD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 May 2012. Using an estimated price of £223,768 means this house is valued at £3,290 per sq meter (£305 per sq foot).
The average size of a house on THE HOLMES is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oriel Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oriel Drive |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Farmbrook Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmbrook Avenue |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Vine Close |