£378,074
This estimated value is based upon the latest sale price for the house of £134,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,000 | 26 Jul 2002 |
| £86,000 | 26 Jun 1998 |
| £83,450 | 24 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £134,000 results in an estimated price of approximately £378,074.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £134,000 | £244,074 | £378,074 |
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 | 100.275 % | £134,369 | £268,369 |
| 3 Month Average | 92.559 % | £124,029 | £258,029 |
| 6 Month Average | 130.354 % | £174,674 | £308,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £410,418 | £400,000 | 57 SPRINGFIELD CRESCENT |
| 24 Oct 2023 | £243,531 | £238,000 | 54 HERMITAGE DRIVE |
| 9 Jun 2023 | £280,624 | £275,000 | 160 STEPHENS ROAD |
| 28 Feb 2022 | £290,526 | £275,000 | 23 YEW TREE ROAD |
| 7 Feb 2022 | £242,985 | £230,000 | 75 DOVEBRIDGE CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Aug 2014. Using an estimated price of £378,075 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on HERMITAGE DRIVE is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Littleworth Grove |
| Jul 2024 | Public order | Under investigation | On or near Yew Tree Rise |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yew Tree Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Yew Tree Rise |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Yew Tree Rise |