£436,203
This estimated value is based upon the latest sale price for the house of £355,000 on 23 Jan 2020. 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 The Close
More crime details
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| Price Paid | Date |
|---|---|
| £355,000 | 23 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £355,000 results in an estimated price of approximately £436,203.
| 23 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £355,000 | £81,203 | £436,203 |
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 | -0.704 % | £-2,498 | £352,501 |
| 3 Month Average | 24.537 % | £87,107 | £442,107 |
| 6 Month Average | 12.418 % | £44,082 | £399,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £375,000 | £375,000 | 69 BOURTON ROAD |
| 23 Nov 2023 | £513,023 | £500,000 | 22 BOURTON ROAD |
| 14 Aug 2023 | £519,367 | £510,000 | 8 THE CLOSE |
| 2 Jun 2023 | £516,348 | £506,000 | 25 BOURTON ROAD |
| 30 Jan 2023 | £451,206 | £450,000 | 27 BOURTON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Apr 2019. Using an estimated price of £436,204 means this house is valued at £4,451 per sq meter (£413 per sq foot).
The average size of a house on RESERVOIR ROAD is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near The Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourton Croft |
| Oct 2024 | Burglary | Under investigation | On or near Bourton Croft |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bourton Croft |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ulverley Green Road |