£143,253
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 6 Oct 2023 |
| £105,000 | 28 Sep 2021 |
| £62,000 | 28 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £140,000 results in an estimated price of approximately £143,253.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £140,000 | £3,253 | £143,253 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 87.757 % | £122,859 | £262,859 |
| 3 Month Average | -4.513 % | £-6,318 | £133,681 |
| 6 Month Average | -4.595 % | £-6,432 | £133,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £136,185 | £132,000 | 5 SPREADBURY CLOSE |
| 17 Oct 2023 | £117,673 | £115,000 | 14 SPREADBURY CLOSE |
| 6 Oct 2023 | £143,254 | £140,000 | 41 SHEEPMOOR CLOSE |
| 3 Oct 2023 | £154,509 | £151,000 | 52 WINCHFIELD DRIVE |
| 19 Jun 2023 | £120,668 | £118,250 | 53 SHEEPMOOR CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 31 Oct 2013. Using an estimated price of £143,254 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on SHEEPMOOR CLOSE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Spreadbury Close | |
| Sep 2024 | Anti-social behaviour | On or near Spreadbury Close | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheepmoor Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Galton Road |
| Sep 2024 | Anti-social behaviour | On or near Galton Road |