£199,424
This estimated value is based upon the latest sale price for the house of £170,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 22 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £170,000 results in an estimated price of approximately £199,424.
| 22 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £170,000 | £29,424 | £199,424 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | -1.502 % | £-2,553 | £167,446 |
| 3 Month Average | 22.118 % | £37,601 | £207,601 |
| 6 Month Average | 28.389 % | £48,261 | £218,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £225,336 | £222,000 | 28 HALESWORTH ROAD |
| 14 Jul 2023 | £192,592 | £190,000 | 51 HALESWORTH ROAD |
| 18 Apr 2023 | £225,427 | £223,000 | 9 WOODFORD CLOSE |
| 31 Mar 2023 | £164,046 | £162,500 | 14 MARKHAM CROFT |
| 25 Jan 2023 | £191,597 | £192,500 | 86 LEYBOURNE CRESCENT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Jul 2020. Using an estimated price of £199,424 means this house is valued at £3,116 per sq meter (£289 per sq foot).
The average size of a house on WOODFORD CLOSE is 92 sq meters (995 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Woodford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodford Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodford Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Markham Croft |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eldridge Close |