£264,976
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£220,000 | 13 Mar 2020 |
£50,500 | 2 Jun 1997 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £220,000 results in an estimated price of approximately £264,976.
13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £220,000 | £44,976 | £264,976 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | -17.617 % | £-38,757 | £181,242 |
3 Month Average | 15.824 % | £34,811 | £254,811 |
6 Month Average | 25.211 % | £55,463 | £275,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2022 | £332,110 | £322,500 | 164 SWARTHMORE ROAD |
28 Apr 2022 | £247,152 | £240,000 | 140 ST DENIS ROAD |
31 Jan 2022 | £286,255 | £272,000 | 156 SWARTHMORE ROAD |
19 Nov 2021 | £229,281 | £212,000 | 15 TREDINGTON CLOSE |
4 Nov 2021 | £210,895 | £195,000 | 29 TREDINGTON CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 9 Aug 2019. Using an estimated price of £264,976 means this house is valued at £2,119 per sq meter (£196 per sq foot).
The average size of a house on TREDINGTON CLOSE is 111 sq meters (1,204 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tredington Close |
Mar 2024 | Anti-social behaviour | On or near Tredington Close | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tredington Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Naunton Close |
Mar 2024 | Anti-social behaviour | On or near Trefoil Close |