£163,763
This estimated value is based upon the latest sale price for the house of £123,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £123,000 results in an estimated price of approximately £163,763.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £123,000 | £40,763 | £163,763 |
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 | -14.938 % | £-18,373 | £104,626 |
| 3 Month Average | 8.655 % | £10,646 | £133,646 |
| 6 Month Average | 20.651 % | £25,400 | £148,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £162,404 | £160,000 | 15 MIDDLETREE ROAD |
| 12 Sep 2023 | £162,072 | £160,000 | 16 HAMMERSLEY CLOSE |
| 11 Jul 2023 | £207,797 | £205,000 | 81 COLLEY LANE |
| 27 Jun 2023 | £167,023 | £165,000 | 49 HAMMERSLEY CLOSE |
| 17 Oct 2022 | £178,083 | £180,000 | 21 HAMMERSLEY CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Jan 2016. Using an estimated price of £163,763 means this house is valued at £2,154 per sq meter (£200 per sq foot).
The average size of a house on SILVER INNAGE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Innage |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hammersley Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammersley Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammersley Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Hammersley Close |