£124,299
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 18 Jun 2021 |
| £110,000 | 25 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £115,000 results in an estimated price of approximately £124,299.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £115,000 | £9,299 | £124,299 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -17.780 % | £-20,447 | £94,552 |
| 3 Month Average | -14.322 % | £-16,470 | £98,529 |
| 6 Month Average | -16.375 % | £-18,831 | £96,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £296,740 | £290,000 | 8 MESSITER WAY |
| 12 Oct 2023 | £255,810 | £250,000 | 2 MESSITER WAY |
| 30 Jun 2023 | £285,726 | £280,000 | 7 SANKEY DRIVE |
| 16 Jun 2023 | £158,170 | £155,000 | 17 BUTLER CLOSE |
| 4 Nov 2022 | £303,083 | £304,500 | 16 MESSITER WAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Sep 2017. Using an estimated price of £124,300 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on MESSITER WAY is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hospital |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Butler Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mallows Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallows Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallows Grove |