£199,518
This estimated value is based upon the latest sale price for the house of £165,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 21 Jul 2020 |
| £160,000 | 27 Apr 2020 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £165,000 results in an estimated price of approximately £199,518.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £165,000 | £34,518 | £199,518 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 11.796 % | £19,463 | £184,463 |
| 3 Month Average | -13.761 % | £-22,705 | £142,294 |
| 6 Month Average | 5.660 % | £9,339 | £174,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £162,072 | £160,000 | 16 HAMMERSLEY CLOSE |
| 27 Jun 2023 | £167,023 | £165,000 | 49 HAMMERSLEY CLOSE |
| 17 Oct 2022 | £178,083 | £180,000 | 21 HAMMERSLEY CLOSE |
| 13 Sep 2022 | £285,472 | £287,777 | 2 HILLCREST AVENUE |
| 31 Aug 2022 | £254,315 | £255,000 | 38 HILLCREST AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 May 2018. Using an estimated price of £199,518 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on HILLCREST AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hammersley Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammersley Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hammersley Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Hammersley Close |