£320,304
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 10 Aug 2021 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £285,000 results in an estimated price of approximately £320,304.
| 10 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £285,000 | £35,304 | £320,304 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 22.526 % | £64,198 | £349,198 |
| 3 Month Average | 36.407 % | £103,761 | £388,761 |
| 6 Month Average | 24.647 % | £70,244 | £355,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2022 | £228,233 | £220,000 | 19 REDMIRES CLOSE |
| 8 Apr 2022 | £295,665 | £285,000 | 54 THE PARKWAY |
| 17 Dec 2021 | £280,620 | £260,000 | 23 SEDGEMERE GROVE |
| 29 Oct 2021 | £222,928 | £199,995 | 14 MEADOW CLOSE |
| 26 Aug 2021 | £273,439 | £243,300 | 6 SEDGEMERE GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Feb 2019. Using an estimated price of £320,304 means this house is valued at £3,021 per sq meter (£280 per sq foot).
The average size of a house on SEDGEMERE GROVE is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Willowside |
| Jul 2024 | Anti-social behaviour | On or near Coalheath Lane | |
| Jul 2024 | Anti-social behaviour | On or near Coalheath Lane | |
| Jul 2024 | Anti-social behaviour | On or near Coalheath Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |