£386,366
This estimated value is based upon the latest sale price for the house of £360,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £360,000 | 30 Sep 2021 |
| £195,000 | 4 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £360,000 results in an estimated price of approximately £386,366.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £360,000 | £26,366 | £386,366 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 2.820 % | £10,151 | £370,151 |
| 3 Month Average | -10.787 % | £-38,834 | £321,165 |
| 6 Month Average | -14.377 % | £-51,755 | £308,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £307,913 | £305,000 | 8 THE SUMMIT |
| 23 Mar 2023 | £221,196 | £220,000 | 18 TEASDALE WAY |
| 3 Feb 2023 | £373,235 | £375,000 | 21 LANGDALE WAY |
| 18 Feb 2022 | £263,204 | £252,000 | 4 LANGDALE WAY |
| 11 Feb 2022 | £344,672 | £330,000 | 32 CROFTWOOD ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 11 Nov 2014. Using an estimated price of £386,367 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on CROFTWOOD ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croftwood Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Teasdale Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Summit |
| Mar 2024 | Burglary | Under investigation | On or near The Summit |
| Mar 2024 | Burglary | Under investigation | On or near The Summit |