£73,112
This estimated value is based upon the latest sale price for the house of £60,000 on 19 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 19 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £60,000 results in an estimated price of approximately £73,112.
| 19 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £60,000 | £13,112 | £73,112 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | 13.306 % | £7,983 | £67,983 |
| 3 Month Average | -1.839 % | £-1,103 | £58,896 |
| 6 Month Average | -22.387 % | £-13,432 | £46,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £87,532 | £87,000 | 24 BARDWELL CLOSE |
| 21 Jul 2023 | £191,814 | £190,000 | 107 EASTNEY CRESCENT |
| 14 Apr 2023 | £161,198 | £160,000 | 34 FORGE CLOSE |
| 20 Sep 2022 | £165,981 | £168,000 | 26 REAPERS WALK |
| 7 Mar 2022 | £190,934 | £185,000 | 71 CATISFIELD CRESCENT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 May 2019. Using an estimated price of £73,113 means this house is valued at £1,353 per sq meter (£125 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Grangefield Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grangefield Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grangefield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wheatsheaf Road |