£195,658
This estimated value is based upon the latest sale price for the house of £103,000 on 22 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £103,000 | 22 Dec 2004 |
| £88,000 | 7 Nov 2003 |
| £56,950 | 31 Jan 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 December 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £103,000 results in an estimated price of approximately £195,658.
| 22 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £103,000 | £92,658 | £195,658 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 114.348 % | £117,778 | £220,778 |
| 3 Month Average | 105.325 % | £108,485 | £211,485 |
| 6 Month Average | 98.384 % | £101,335 | £204,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £190,000 | £190,000 | 287 NEWBURY LANE |
| 12 Jul 2024 | £180,000 | £180,000 | 13 NEWBURY WALK |
| 17 May 2024 | £190,000 | £190,000 | 249A NEWBURY LANE |
| 17 Apr 2024 | £221,927 | £220,000 | 14 SIDAWAY CLOSE |
| 5 Oct 2023 | £256,833 | £251,000 | 4 FALFIELD CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Aug 2018. Using an estimated price of £195,658 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on MILDRED WAY is 49 sq meters (532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Falfield Close |
| Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Falfield Close |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Midhill Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sidaway Close |
| Oct 2024 | Possession of weapons | Under investigation | On or near Newbury Lane |