£63,960
This estimated value is based upon the latest sale price for the house of £44,000 on 12 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,000 | 12 May 2015 |
| £88,000 | 19 Oct 2007 |
| £64,000 | 10 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £44,000 results in an estimated price of approximately £63,960.
| 12 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £44,000 | £19,960 | £63,960 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -41.136 % | £-18,099 | £25,900 |
| 3 Month Average | 31.192 % | £13,724 | £57,724 |
| 6 Month Average | 59.994 % | £26,397 | £70,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £199,483 | £198,000 | 66 WINDMILL LANE |
| 11 Nov 2022 | £132,846 | £135,000 | 91 WINDMILL LANE |
| 27 Oct 2022 | £78,828 | £80,000 | 70 SUFFRAGE STREET |
| 14 Jul 2022 | £54,926 | £55,000 | 18 SCRIBBANS CLOSE |
| 28 Jan 2022 | £176,091 | £168,000 | 67 CORBETT STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Jun 2020. Using an estimated price of £63,960 means this house is valued at £888 per sq meter (£82 per sq foot).
The average size of a house on SCRIBBANS CLOSE is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Awaiting court outcome | On or near Scribbans Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scribbans Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scribbans Close |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Scribbans Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scribbans Close |