£283,539
This estimated value is based upon the latest sale price for the house of £188,000 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £188,000 | 31 Oct 2014 |
| £62,995 | 1 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £188,000 results in an estimated price of approximately £283,539.
| 31 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £188,000 | £95,539 | £283,539 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 80.994 % | £152,268 | £340,268 |
| 3 Month Average | 71.621 % | £134,646 | £322,646 |
| 6 Month Average | 68.435 % | £128,657 | £316,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £196,023 | £190,000 | 15 BROGDEN CLOSE |
| 8 Dec 2023 | £170,437 | £165,200 | 25 TOMPSTONE ROAD |
| 1 Dec 2023 | £180,548 | £175,000 | 36 HORSECROFT DRIVE |
| 10 Nov 2023 | £189,818 | £185,000 | 37 HORSECROFT DRIVE |
| 15 Sep 2023 | £202,974 | £198,500 | 55D TOMPSTONE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 7 May 2014. Using an estimated price of £283,539 means this house is valued at £2,625 per sq meter (£243 per sq foot).
The average size of a house on HORSECROFT DRIVE is 77 sq meters (838 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Horsecroft Drive |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Horsecroft Drive |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ednam Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ednam Close |
| Sep 2024 | Other crime | Under investigation | On or near Crabtree Close |