£507,099
This estimated value is based upon the latest sale price for the house of £480,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £480,000 | 18 Feb 2022 |
| £445,000 | 3 Jul 2020 |
| £295,000 | 11 Feb 2008 |
| £235,000 | 10 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £480,000 results in an estimated price of approximately £507,099.
| 18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £480,000 | £27,099 | £507,099 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | 81.734 % | £392,325 | £872,325 |
| 3 Month Average | 1.665 % | £7,990 | £487,990 |
| 6 Month Average | 27.083 % | £130,000 | £610,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £818,592 | £800,000 | 2 KEMPSON AVENUE |
| 5 Oct 2023 | £383,715 | £375,000 | 6 WYLDE GREEN ROAD |
| 3 Oct 2023 | £562,782 | £550,000 | 29 VESEY ROAD |
| 18 Feb 2022 | £507,099 | £480,000 | 4 FINSTALL CLOSE |
| 11 Feb 2022 | £591,616 | £560,000 | 7 VESEY ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 9 Sep 2019. Using an estimated price of £507,099 means this house is valued at £4,527 per sq meter (£420 per sq foot).
The average size of a house on FINSTALL CLOSE is 151 sq meters (1,634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Finstall Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Finstall Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finstall Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Birmingham Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birmingham Road |