£85,297
This estimated value is based upon the latest sale price for the house of £79,500 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,500 | 24 Jun 2021 |
| £42,500 | 29 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £79,500 results in an estimated price of approximately £85,297.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £79,500 | £5,797 | £85,297 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 21.169 % | £16,829 | £96,329 |
| 3 Month Average | 2.019 % | £1,605 | £81,105 |
| 6 Month Average | 12.860 % | £10,223 | £89,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £316,041 | £312,000 | 15 PITCAIRN ROAD |
| 15 Sep 2023 | £255,264 | £252,000 | 259 ABBEY ROAD |
| 20 Mar 2023 | £107,008 | £106,000 | 8 LEICESTER CLOSE |
| 31 May 2022 | £107,016 | £105,000 | 32 LEICESTER CLOSE |
| 28 Sep 2021 | £269,398 | £250,000 | 16 PITCAIRN ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 9 Jan 2019. Using an estimated price of £85,297 means this house is valued at £1,854 per sq meter (£172 per sq foot).
The average size of a house on LEICESTER CLOSE is 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leicester Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thuree Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thuree Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Thuree Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Pitcairn Road |