£278,607
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£160,000 | 8 Aug 2011 |
£194,950 | 10 Oct 2007 |
£170,500 | 26 Jul 2006 |
£56,000 | 20 Oct 1995 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,176 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £160,000 results in an estimated price of approximately £278,607.
8 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £160,000 | £118,607 | £278,607 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 74.309 % | £118,894 | £278,894 |
3 Month Average | 72.754 % | £116,407 | £276,407 |
6 Month Average | 65.123 % | £104,197 | £264,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £116,007 | £115,000 | 11 CARDIGAN DRIVE |
8 Mar 2024 | £205,152 | £202,000 | 5 CARDIGAN DRIVE |
15 Sep 2023 | £250,523 | £245,000 | 54 BUCKINGHAM DRIVE |
21 Apr 2023 | £234,384 | £230,000 | 12 BLENHEIM ROAD |
17 Mar 2023 | £254,246 | £250,000 | 13 ROTHESAY WAY |
This house has a floor area of 109 sq meters or 1,176 sq feet when measured on 31 Jan 2011. Using an estimated price of £278,608 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on BURLEIGH CLOSE is 152 sq meters (1,642 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Close |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Menai Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bridgnorth Grove |
Oct 2024 | Anti-social behaviour | On or near Bridgnorth Grove |