£665,703
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Aug 2016. 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 Vesey Close
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| Price Paid | Date |
|---|---|
| £500,000 | 26 Aug 2016 |
| £185,000 | 31 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £500,000 results in an estimated price of approximately £665,703.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £500,000 | £165,703 | £665,703 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -3.566 % | £-17,827 | £482,172 |
| 3 Month Average | 12.914 % | £64,569 | £564,569 |
| 6 Month Average | 22.154 % | £110,771 | £610,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £660,951 | £652,500 | 32 WALSALL ROAD |
| 7 Apr 2022 | £411,920 | £400,000 | FLAT 1 LONGMORE HOUSE 2D STREETLY LANE |
| 10 Jan 2022 | £252,578 | £240,000 | 2 THE SYCAMORES VESEY CLOSE |
| 27 Sep 2021 | £226,294 | £210,000 | 1 THE SYCAMORES VESEY CLOSE |
| 24 Sep 2021 | £754,315 | £700,000 | 3 WALSALL ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 13 Jan 2016. Using an estimated price of £665,704 means this house is valued at £3,848 per sq meter (£357 per sq foot).
The average size of a house on STREETLY LANE is 197 sq meters (2,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vesey Close |
| Dec 2023 | Burglary | Under investigation | On or near Vesey Close |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Farncote Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Farncote Drive |
| Mar 2024 | Robbery | Under investigation | On or near Farncote Drive |