£235,035
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 17 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £180,000 results in an estimated price of approximately £235,035.
| 17 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £180,000 | £55,035 | £235,035 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 121.948 % | £219,505 | £399,505 |
| 3 Month Average | 29.173 % | £52,510 | £232,510 |
| 6 Month Average | 31.873 % | £57,371 | £237,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £169,297 | £165,000 | 64 TERRACE STREET |
| 9 Nov 2023 | £132,360 | £129,000 | 162 POWKE LANE |
| 6 Sep 2023 | £196,328 | £192,000 | 70 POWKE LANE |
| 31 Mar 2023 | £101,698 | £100,000 | 26 WATERFALL LANE |
| 20 Jan 2023 | £180,482 | £180,000 | 164 POWKE LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jul 2016. Using an estimated price of £235,036 means this house is valued at £3,917 per sq meter (£363 per sq foot).
The average size of a house on HIGGS FIELD CRESCENT is 76 sq meters (823 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powke Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powke Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Higgs Field Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Terrace Street |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Terrace Street |