£280,319
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 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £188,000 results in an estimated price of approximately £280,319.
| 31 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £188,000 | £92,319 | £280,319 |
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 | 28.063 % | £52,757 | £240,757 |
| 3 Month Average | 70.142 % | £131,866 | £319,866 |
| 6 Month Average | 82.246 % | £154,623 | £342,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £168,386 | £165,200 | 25 TOMPSTONE ROAD |
| 8 Dec 2023 | £193,664 | £190,000 | 15 BROGDEN CLOSE |
| 1 Dec 2023 | £178,375 | £175,000 | 36 HORSECROFT DRIVE |
| 10 Nov 2023 | £187,406 | £185,000 | 37 HORSECROFT DRIVE |
| 18 Aug 2023 | £69,925 | £69,500 | 58 MEADOW AVENUE |
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 £280,320 means this house is valued at £2,595 per sq meter (£241 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 |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Brogden Close |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Brogden Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turners Croft |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Turners Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadow Avenue |