£197,942
This estimated value is based upon the latest sale price for the house of £114,950 on 21 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,950 | 21 Jul 2006 |
| £103,000 | 13 May 2005 |
| £78,000 | 17 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 455 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 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.199%.Applying this 72.199% change to the original purchase price of £114,950 results in an estimated price of approximately £197,942.
| 21 Jul 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.0 | 72.199 % | £114,950 | £82,992 | £197,942 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 55.371 % | £63,648 | £178,598 |
| 3 Month Average | 25.902 % | £29,774 | £144,724 |
| 6 Month Average | 54.209 % | £62,312 | £177,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £226,281 | £222,000 | 6 GOSFORD WALK |
| 30 Nov 2023 | £97,502 | £96,250 | 264 CASTLE LANE |
| 25 Aug 2023 | £258,572 | £257,000 | 9 CASTLE CLOSE |
| 9 Jun 2023 | £117,956 | £117,000 | 54 REDFERN CLOSE |
| 25 Nov 2022 | £144,654 | £147,000 | 81 REDFERN CLOSE |
This house has a floor area of 42 sq meters or 455 sq feet when measured on 3 Nov 2010. Using an estimated price of £197,943 means this house is valued at £4,672 per sq meter (£434 per sq foot).
The average size of a house on REDFERN CLOSE is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redfern Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redfern Close |
| Apr 2024 | Anti-social behaviour | On or near Redfern Close | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Redfern Close |
| Mar 2024 | Anti-social behaviour | On or near Redfern Close |