£848,914
This estimated value is based upon the latest sale price for the house of £500,000 on 12 Oct 2012. 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 Poulton Close
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| Price Paid | Date |
|---|---|
| £500,000 | 12 Oct 2012 |
| £165,000 | 17 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 226 sq meters or 2,440 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £500,000 results in an estimated price of approximately £848,914.
| 12 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £500,000 | £348,914 | £848,914 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 19.062 % | £95,308 | £595,308 |
| 3 Month Average | 5.724 % | £28,622 | £528,622 |
| 6 Month Average | 26.375 % | £131,874 | £631,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £763,356 | £750,000 | 37 GREENHILL ROAD |
| 1 Dec 2023 | £702,288 | £690,000 | 39 GREENHILL ROAD |
| 13 Jul 2023 | £238,206 | £235,000 | 37B COTTON LANE |
| 27 Apr 2023 | £300,233 | £297,000 | 6 POULTON CLOSE |
| 17 Feb 2023 | £889,402 | £890,000 | 42 GROVE AVENUE |
This house has a floor area of 226 sq meters or 2,440 sq feet when measured on 23 Sep 2011. Using an estimated price of £848,914 means this house is valued at £3,744 per sq meter (£347 per sq foot).
The average size of a house on COTTON LANE is 176 sq meters (1,897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Poulton Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Poulton Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Poulton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotton Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotton Lane |