£207,489
This estimated value is based upon the latest sale price for the house of £44,750 on 18 Sep 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,750 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 784 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 September 1998 the House Price Index for WEST MIDLANDS was 31.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 363.665%.Applying this 363.665% change to the original purchase price of £44,750 results in an estimated price of approximately £207,489.
| 18 Sep 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.0 | 363.665 % | £44,750 | £162,739 | £207,489 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 368.644 % | £164,968 | £209,718 |
| 3 Month Average | 297.635 % | £133,191 | £177,941 |
| 6 Month Average | 346.057 % | £154,860 | £199,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £186,529 | £183,000 | 20A BOSWELL DRIVE |
| 17 Jan 2023 | £143,737 | £145,000 | 17 FAIRBANKS CLOSE |
| 7 Jul 2022 | £275,628 | £276,000 | 16 SHUNA CROFT |
| 25 Nov 2021 | £174,498 | £162,000 | 39 BRADE DRIVE |
| 29 Sep 2021 | £187,817 | £175,000 | 5 LUCIAN CLOSE |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 14 Apr 2011. Using an estimated price of £207,490 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on FAIRBANKS CLOSE is 63 sq meters (684 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairbanks Close |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fairbanks Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairbanks Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairbanks Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fairbanks Close |