£294,511
This estimated value is based upon the latest sale price for the house of £239,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £239,000 | 23 Nov 2018 |
| £80,000 | 24 May 1995 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £239,000 results in an estimated price of approximately £294,511.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £239,000 | £55,511 | £294,511 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 19.031 % | £45,483 | £284,483 |
| 3 Month Average | 7.501 % | £17,926 | £256,926 |
| 6 Month Average | 12.354 % | £29,526 | £268,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £448,231 | £442,500 | 16 DURSLEY CLOSE |
| 29 Sep 2023 | £281,601 | £278,000 | 59 HIGHWOOD AVENUE |
| 24 Jul 2023 | £405,457 | £400,000 | 47 HIGHWOOD AVENUE |
| 18 Apr 2023 | £379,082 | £375,000 | 20 HIGHWOOD AVENUE |
| 17 Nov 2022 | £405,093 | £410,000 | 29 HIGHWOOD AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 22 Jun 2018. Using an estimated price of £294,511 means this house is valued at £4,601 per sq meter (£427 per sq foot).
The average size of a house on RODNEY CLOSE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodney Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rodney Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dursley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dursley Close |
| Feb 2024 | Public order | Under investigation | On or near Dursley Close |