£155,351
This estimated value is based upon the latest sale price for the house of £97,900 on 4 Apr 2008. 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 Melia Drive
More crime details
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Price Paid | Date |
---|---|
£97,900 | 4 Apr 2008 |
Semi-Detached |
Leasehold |
Floor Area: 38 sq meters or 415 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 April 2008 the House Price Index for WEST MIDLANDS was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £97,900 results in an estimated price of approximately £155,351.
4 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £97,900 | £57,451 | £155,351 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 64.486 % | £63,131 | £161,031 |
3 Month Average | 12.759 % | £12,491 | £110,391 |
6 Month Average | 56.610 % | £55,421 | £153,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £300,000 | £300,000 | 17 MELIA DRIVE |
11 Sep 2023 | £253,238 | £250,000 | 21 MELIA DRIVE |
10 Jun 2022 | £103,969 | £102,500 | 19 BROOKSIDE |
6 May 2022 | £191,101 | £187,500 | 58 MELIA DRIVE |
18 Feb 2022 | £97,529 | £93,000 | 17 BROOKSIDE |
This house has a floor area of 38 sq meters or 415 sq feet when measured on 6 Mar 2009. Using an estimated price of £155,352 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on MELIA DRIVE is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Melia Drive |
Mar 2024 | Other theft | Under investigation | On or near Melia Drive |
Feb 2024 | Anti-social behaviour | On or near Melia Drive | |
Feb 2024 | Anti-social behaviour | On or near Melia Drive | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melia Drive |