£237,610
This estimated value is based upon the latest sale price for the house of £138,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 23 Mar 2012 |
| £81,000 | 25 May 2000 |
| £58,500 | 18 Jun 1999 |
| Detached |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 2012 the House Price Index for WEST MIDLANDS was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £138,000 results in an estimated price of approximately £237,610.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £138,000 | £99,610 | £237,610 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 61.060 % | £84,262 | £222,262 |
| 3 Month Average | 56.676 % | £78,213 | £216,213 |
| 6 Month Average | 60.611 % | £83,643 | £221,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £232,015 | £230,000 | 14 HANLEY CLOSE |
| 22 Mar 2024 | £243,745 | £240,000 | 79 WITLEY AVENUE |
| 27 Oct 2023 | £244,554 | £239,000 | 14 ST JOHNS ROAD |
| 20 Oct 2023 | £332,553 | £325,000 | 15 HANLEY CLOSE |
| 29 Sep 2023 | £255,635 | £250,000 | 144 HUNTINGTREE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Aug 2011. Using an estimated price of £237,611 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on HANLEY CLOSE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Witley Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Witley Avenue |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Witley Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Witley Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Witley Avenue |