£184,993
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £160,000 results in an estimated price of approximately £184,993.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £160,000 | £24,993 | £184,993 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 56.911 % | £91,056 | £251,056 |
| 3 Month Average | 25.670 % | £41,072 | £201,072 |
| 6 Month Average | 19.396 % | £31,033 | £191,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £235,990 | £230,000 | 12 BARROW CLOSE |
| 11 Aug 2023 | £249,500 | £245,000 | 5 BARROW CLOSE |
| 8 Aug 2023 | £173,632 | £170,500 | 29 BARROW CLOSE |
| 31 Mar 2022 | £229,665 | £220,000 | 15 BARROW CLOSE |
| 17 Mar 2022 | £193,650 | £185,500 | 8 GIBBS CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Apr 2014. Using an estimated price of £184,993 means this house is valued at £2,228 per sq meter (£207 per sq foot).
The average size of a house on BARROW CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gibbs Close | |
| Apr 2024 | Anti-social behaviour | On or near Gibbs Close | |
| Apr 2024 | Anti-social behaviour | On or near Gibbs Close | |
| Apr 2024 | Anti-social behaviour | On or near Gibbs Close | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrow Close |