£643,438
This estimated value is based upon the latest sale price for the house of £525,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £525,000 | 2 Aug 2019 |
| £340,000 | 31 Mar 2006 |
| £282,000 | 19 Jul 2002 |
| £245,500 | 28 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £525,000 results in an estimated price of approximately £643,438.
| 2 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £525,000 | £118,438 | £643,438 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 80.940 % | £424,935 | £949,935 |
| 3 Month Average | 36.028 % | £189,144 | £714,144 |
| 6 Month Average | 12.708 % | £66,715 | £591,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £337,050 | £335,000 | 41 WARREN HOUSE WALK |
| 7 Mar 2023 | £173,940 | £173,000 | FLAT 7 WARREN HOUSE COURT WARREN HOUSE WALK |
| 20 May 2022 | £690,261 | £680,000 | 40 WARREN HOUSE WALK |
| 18 Mar 2022 | £813,794 | £788,500 | 8 MILLSTONE CLOSE |
| 30 Sep 2021 | £547,353 | £510,000 | 36 WARREN HOUSE WALK |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 24 Oct 2016. Using an estimated price of £643,438 means this house is valued at £4,021 per sq meter (£373 per sq foot).
The average size of a house on MILLSTONE CLOSE is 256 sq meters (2,762 sq feet).
This house is the smallest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren House Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren House Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Country Park View |
| Mar 2024 | Anti-social behaviour | On or near B4148 | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4148 |