£243,398
This estimated value is based upon the latest sale price for the house of £221,000 on 20 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hessian Close
More crime details
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| Price Paid | Date |
|---|---|
| £221,000 | 20 Aug 2021 |
| £88,000 | 15 Aug 2018 |
| £49,000 | 20 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 922 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 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £221,000 results in an estimated price of approximately £243,398.
| 20 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £221,000 | £22,398 | £243,398 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -34.460 % | £-76,157 | £144,842 |
| 3 Month Average | -5.084 % | £-11,235 | £209,764 |
| 6 Month Average | -0.037 % | £-81 | £220,918 |
This house has a floor area of 85 sq meters or 922 sq feet when measured on 6 Dec 2010.
The average size of a house on BIRMINGHAM NEW ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hessian Close |
| Mar 2024 | Burglary | Under investigation | On or near Hessian Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hessian Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hessian Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Lane |