£181,466
This estimated value is based upon the latest sale price for the house of £147,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £147,500 | 15 Feb 2019 |
| Terraced |
| 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £147,500 results in an estimated price of approximately £181,466.
| 15 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £147,500 | £33,966 | £181,466 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 11.283 % | £16,641 | £164,141 |
| 3 Month Average | 4.213 % | £6,213 | £153,713 |
| 6 Month Average | 13.615 % | £20,082 | £167,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £182,729 | £181,000 | 26 GEOFFREY CLOSE |
| 5 Apr 2023 | £181,348 | £180,000 | 67 WYKEN WAY |
| 28 Mar 2023 | £210,136 | £209,000 | 49 WYKEN WAY |
| 25 May 2022 | £215,199 | £212,000 | 24 GEOFFREY CLOSE |
| 18 Mar 2022 | £83,598 | £81,000 | 23 ALFALL ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Oct 2018. Using an estimated price of £181,466 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on GEOFFREY CLOSE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Geoffrey Close |
| Apr 2024 | Burglary | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stubbs Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stubbs Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stubbs Grove |