£124,173
This estimated value is based upon the latest sale price for the house of £82,500 on 26 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,500 | 26 Sep 2014 |
| £21,450 | 9 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £82,500 results in an estimated price of approximately £124,173.
| 26 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £82,500 | £41,673 | £124,173 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 67.198 % | £55,438 | £137,938 |
| 3 Month Average | 36.044 % | £29,736 | £112,236 |
| 6 Month Average | 41.350 % | £34,113 | £116,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £170,525 | £168,000 | 21 ARNOLD CLOSE |
| 26 Aug 2022 | £136,632 | £137,000 | 8 WING CLOSE |
| 5 Aug 2022 | £154,584 | £155,000 | 23 QUILTER CLOSE |
| 14 Apr 2022 | £252,301 | £245,000 | 28 BERKLEY CLOSE |
| 15 Dec 2021 | £126,423 | £118,000 | 20 STAR CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Apr 2014. Using an estimated price of £124,174 means this house is valued at £1,533 per sq meter (£142 per sq foot).
The average size of a house on LOCKET CLOSE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locket Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Locket Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Locket Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Jane Lane Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Jane Lane Close |