£205,313
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 5 Oct 2016 |
£143,000 | 29 Oct 2009 |
£89,000 | 23 Apr 2002 |
£63,950 | 25 Jun 1999 |
Terraced |
Leasehold |
Floor Area: 63 sq meters or 680 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £155,000 results in an estimated price of approximately £205,313.
5 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £155,000 | £50,313 | £205,313 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -44.210 % | £-68,525 | £86,474 |
3 Month Average | 15.884 % | £24,619 | £179,619 |
6 Month Average | 19.956 % | £30,931 | £185,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £282,663 | £280,000 | 61 PAGET ROAD |
6 Jan 2023 | £228,922 | £230,000 | 8 SMALLWOOD CLOSE |
22 Jul 2022 | £283,764 | £283,000 | 75 PYPE HAYES ROAD |
14 Apr 2022 | £290,918 | £282,500 | 43 PAGET ROAD |
25 Feb 2022 | £220,226 | £210,000 | 18 SMALLWOOD CLOSE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 18 May 2009. Using an estimated price of £205,314 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on SMALLWOOD CLOSE is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smallwood Close |
Feb 2024 | Anti-social behaviour | On or near Cresswell Grove | |
Feb 2024 | Anti-social behaviour | On or near Cresswell Grove | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cresswell Grove |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Cresswell Grove |