£220,299
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Apr 2016. 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 | 11 Apr 2016 |
| £138,000 | 7 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 551 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 April 2016 the House Price Index for WEST MIDLANDS was 73.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 37.687%.Applying this 37.687% change to the original purchase price of £160,000 results in an estimated price of approximately £220,299.
| 11 Apr 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.5 | 101.2 | 37.687 % | £160,000 | £60,299 | £220,299 |
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 | 19.227 % | £30,763 | £190,763 |
| 3 Month Average | 24.655 % | £39,447 | £199,447 |
| 6 Month Average | 46.045 % | £73,672 | £233,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2024 | £155,000 | £155,000 | 24 BLENHEIM ROAD |
| 16 Aug 2024 | £306,835 | £303,500 | 5 FARBROOK WAY |
| 5 May 2023 | £251,972 | £245,000 | 23 FARBROOK WAY |
| 21 Apr 2023 | £236,065 | £230,000 | 12 BLENHEIM ROAD |
| 17 Mar 2023 | £256,332 | £250,000 | 13 ROTHESAY WAY |
This house has a floor area of 51 sq meters or 551 sq feet when measured on 8 May 2009. Using an estimated price of £220,299 means this house is valued at £4,299 per sq meter (£399 per sq foot).
The average size of a house on EDINBURGH DRIVE is 81 sq meters (877 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Close |
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridgnorth Grove |
| Dec 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridgnorth Grove |
| Oct 2024 | Anti-social behaviour | On or near Bridgnorth Grove |