£145,774
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 473 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £120,000 results in an estimated price of approximately £145,774.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £120,000 | £25,774 | £145,774 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 187.404 % | £224,884 | £344,884 |
| 3 Month Average | 75.324 % | £90,388 | £210,388 |
| 6 Month Average | 41.146 % | £49,375 | £169,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £194,497 | £192,000 | 29 EARLSWOOD COURT |
| 24 Nov 2023 | £364,682 | £360,000 | 8 SELBORNE ROAD |
| 20 Mar 2023 | £55,299 | £55,000 | FLAT 6 4 SELBORNE ROAD |
| 24 Jun 2022 | £181,843 | £180,000 | 63 EARLSWOOD COURT |
| 22 Apr 2022 | £189,744 | £185,000 | FLAT 1 16 SELBORNE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 4 Dec 2014. Using an estimated price of £145,775 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on PACKWOOD CLOSE is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Earlswood Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Earlswood Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Packwood Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Packwood Close |
| Apr 2024 | Drugs | Local resolution | On or near Wood Court |