£155,666
This estimated value is based upon the latest sale price for the house of £126,500 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Michelle Close
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| Price Paid | Date |
|---|---|
| £126,500 | 16 Aug 2019 |
| £119,950 | 17 Oct 2007 |
| £150,000 | 25 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £126,500 results in an estimated price of approximately £155,666.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £126,500 | £29,166 | £155,666 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -15.012 % | £-18,990 | £107,509 |
| 3 Month Average | 0.825 % | £1,043 | £127,543 |
| 6 Month Average | 4.937 % | £6,245 | £132,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £52,781 | £52,000 | FLAT 25 HOME MEADOW COURT, 340 HAUNCH LANE |
| 1 Sep 2023 | £64,322 | £63,500 | FLAT 12 HOME MEADOW COURT, 340 HAUNCH LANE |
| 18 Aug 2023 | £143,758 | £142,500 | 343 HAUNCH LANE |
| 15 Aug 2023 | £70,618 | £70,000 | FLAT 33 HOME MEADOW COURT, 340 HAUNCH LANE |
| 15 Jun 2023 | £91,104 | £90,000 | CHESTNUT COURT, 873 YARDLEY WOOD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Feb 2019. Using an estimated price of £155,666 means this house is valued at £2,470 per sq meter (£229 per sq foot).
The average size of a house on HAUNCH LANE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Michelle Close |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Michelle Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Michelle Close |
| Mar 2024 | Anti-social behaviour | On or near Haunch Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haunch Close |