£527,479
This estimated value is based upon the latest sale price for the house of £517,500 on 21 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£517,500 | 21 Dec 2023 |
£445,000 | 10 Aug 2016 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 December 2023 the House Price Index for WEST MIDLANDS was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £517,500 results in an estimated price of approximately £527,479.
21 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.2 | 148.0 | 1.928 % | £517,500 | £9,979 | £527,479 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 44.949 % | £232,613 | £750,113 |
3 Month Average | -19.363 % | £-100,201 | £417,298 |
6 Month Average | -23.048 % | £-119,272 | £398,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £527,479 | £517,500 | 34 DOVECOTE CLOSE |
15 Mar 2023 | £71,386 | £71,000 | FLAT 16 LODE MILL COURT LODE LANE |
4 Jan 2023 | £116,973 | £118,000 | FLAT 14 LODE MILL COURT LODE LANE |
20 Jun 2022 | £118,703 | £117,500 | FLAT 15 LODE MILL COURT LODE LANE |
25 May 2022 | £405,021 | £399,000 | 459 LODE LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 22 Apr 2015. Using an estimated price of £527,479 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on DOVECOTE CLOSE is 114 sq meters (1,233 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dovecote Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dovecote Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dovecote Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowlands Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowlands Crescent |