£330,884
This estimated value is based upon the latest sale price for the house of £330,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£330,000 | 27 Jan 2023 |
£189,995 | 29 Mar 2018 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £330,000 results in an estimated price of approximately £330,884.
27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £330,000 | £884 | £330,884 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -9.073 % | £-29,939 | £300,060 |
3 Month Average | -0.392 % | £-1,293 | £328,706 |
6 Month Average | 7.474 % | £24,665 | £354,665 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Sep 2024 | £225,000 | £225,000 | 4 CHILWORTH AVENUE |
28 Jun 2024 | £220,000 | £220,000 | 5 EXTON CLOSE |
26 Apr 2024 | £176,533 | £175,000 | 12 TOWNSON ROAD |
11 Dec 2023 | £231,101 | £224,000 | 12 SOBERTON CLOSE |
17 Nov 2023 | £263,694 | £257,000 | 1 SOBERTON CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 21 Nov 2017. Using an estimated price of £330,884 means this house is valued at £2,450 per sq meter (£227 per sq foot).
The average size of a house on MEON WAY is 97 sq meters (1,046 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Soberton Close | |
Aug 2024 | Anti-social behaviour | On or near Soberton Close | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Soberton Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exton Close |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Exton Close |