£215,213
This estimated value is based upon the latest sale price for the house of £173,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £173,000 results in an estimated price of approximately £215,213.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £173,000 | £42,213 | £215,213 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 46.509 % | £80,461 | £253,461 |
| 3 Month Average | 46.864 % | £81,075 | £254,075 |
| 6 Month Average | 39.466 % | £68,276 | £241,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £278,560 | £270,000 | 4 FURLONG MEADOW |
| 28 Nov 2023 | £151,855 | £148,000 | 33 DICE PLECK |
| 18 Aug 2023 | £218,949 | £215,000 | 33 OPEN FIELD CLOSE |
| 4 Aug 2023 | £315,694 | £310,000 | 55 DICE PLECK |
| 2 Aug 2023 | £218,949 | £215,000 | 72 REA VALLEY DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 15 Jul 2018. Using an estimated price of £215,213 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on OPEN FIELD CLOSE is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ockam Croft |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Moor Leasow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor Leasow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor Leasow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor Leasow |