£307,599
This estimated value is based upon the latest sale price for the house of £178,000 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near York Close
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Price Paid | Date |
---|---|
£178,000 | 28 Jan 2011 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 798 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 January 2011 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £178,000 results in an estimated price of approximately £307,599.
28 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £178,000 | £129,599 | £307,599 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 100.819 % | £179,457 | £357,457 |
3 Month Average | 92.384 % | £164,443 | £342,443 |
6 Month Average | 80.556 % | £143,389 | £321,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £325,000 | £325,000 | 3 YORK CLOSE |
21 Nov 2023 | £483,780 | £471,500 | 63 MARY VALE ROAD |
8 Sep 2023 | £456,094 | £446,040 | 37 FRANKLIN ROAD |
17 Feb 2023 | £352,354 | £350,000 | 23 FRANKLIN ROAD |
24 Aug 2022 | £444,076 | £442,000 | 25 FRANKLIN ROAD |
This house has a floor area of 74 sq meters or 798 sq feet when measured on 18 May 2010. Using an estimated price of £307,599 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on YORK CLOSE is 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Unable to prosecute suspect | On or near York Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near York Close |
Apr 2024 | Public order | Under investigation | On or near Lancaster Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lancaster Close |