£266,422
This estimated value is based upon the latest sale price for the house of £143,000 on 11 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,000 | 11 May 2009 |
| £95,000 | 29 Nov 2002 |
| £56,000 | 29 Mar 1996 |
| Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £143,000 results in an estimated price of approximately £266,422.
| 11 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £143,000 | £123,422 | £266,422 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 49.665 % | £71,020 | £214,020 |
| 3 Month Average | 64.540 % | £92,291 | £235,291 |
| 6 Month Average | 57.598 % | £82,365 | £225,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £182,809 | £180,000 | 2 HILLBURY DRIVE |
| 15 Dec 2023 | £211,499 | £205,000 | 37 HILLBURY DRIVE |
| 11 Dec 2023 | £226,974 | £220,000 | 31 HILLBURY DRIVE |
| 25 Aug 2023 | £201,637 | £198,000 | 32 HIGHMOOR CLOSE |
| 24 Mar 2023 | £267,467 | £263,000 | 19 HIGHMOOR CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Apr 2018. Using an estimated price of £266,422 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on HILLBURY DRIVE is 67 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Hillbury Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grazewood Close |
| Sep 2024 | Burglary | Awaiting court outcome | On or near Grazewood Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Meadow Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Roundlea Close |