£282,667
This estimated value is based upon the latest sale price for the house of £230,500 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,500 | 11 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £230,500 results in an estimated price of approximately £282,667.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £230,500 | £52,167 | £282,667 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 17.558 % | £40,472 | £270,972 |
| 3 Month Average | 27.281 % | £62,883 | £293,383 |
| 6 Month Average | 24.212 % | £55,808 | £286,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £455,000 | £455,000 | 15 WESTRIDGE |
| 15 Nov 2023 | £260,862 | £257,000 | 18 WOODBANK ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 62 BROWNSWALL ROAD |
| 12 Sep 2022 | £275,277 | £277,500 | 85 BROWNSWALL ROAD |
| 30 May 2022 | £295,569 | £290,000 | 7 WOODBANK ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Jun 2019. Using an estimated price of £282,667 means this house is valued at £3,249 per sq meter (£301 per sq foot).
The average size of a house on HAMILTON CLOSE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |