£337,751
This estimated value is based upon the latest sale price for the house of £310,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 30 Nov 2021 |
| £205,000 | 12 Dec 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 486 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £310,000 results in an estimated price of approximately £337,751.
| 30 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £310,000 | £27,751 | £337,751 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 23.659 % | £73,344 | £383,344 |
| 3 Month Average | -9.248 % | £-28,668 | £281,331 |
| 6 Month Average | -24.196 % | £-75,006 | £234,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £315,000 | £315,000 | 14 THE SPINNEY |
| 1 Dec 2023 | £297,646 | £288,500 | 11 THE SPINNEY |
| 15 Sep 2023 | £345,108 | £337,500 | 32 AUSTCLIFF DRIVE |
| 15 Sep 2023 | £393,678 | £385,000 | 31 AUSTCLIFF DRIVE |
| 30 Mar 2023 | £320,350 | £315,000 | 35 AUSTCLIFF DRIVE |
This house has a floor area of 45 sq meters or 486 sq feet when measured on 15 Oct 2008. Using an estimated price of £337,751 means this house is valued at £7,472 per sq meter (£694 per sq foot).
The average size of a house on THE SPINNEY is 75 sq meters (816 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (486 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Ashbrook Crescent |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Saintbury Drive |
| May 2024 | Vehicle crime | On or near Widney Manor (Station) | |
| May 2024 | Vehicle crime | On or near Widney Manor (Station) | |
| May 2024 | Vehicle crime | On or near Widney Manor (Station) |