£179,620
This estimated value is based upon the latest sale price for the house of £116,000 on 5 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,000 | 5 Jun 2014 |
| £112,000 | 14 Aug 2012 |
| £70,000 | 12 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 847 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £116,000 results in an estimated price of approximately £179,620.
| 5 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £116,000 | £63,620 | £179,620 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 183.164 % | £212,470 | £328,470 |
| 3 Month Average | 67.828 % | £78,680 | £194,680 |
| 6 Month Average | 55.047 % | £63,854 | £179,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £70,077 | £69,000 | 48 SPRINGFIELDS |
| 15 Dec 2023 | £226,974 | £220,000 | 67 DAW END LANE |
| 1 Sep 2023 | £189,170 | £185,000 | 95 DAW END LANE |
| 5 Jun 2023 | £188,783 | £185,000 | 26 SPRINGFIELDS |
| 16 Aug 2022 | £180,846 | £180,000 | 26 FRIARY CRESCENT |
This house has a floor area of 78 sq meters or 847 sq feet when measured on 7 Jan 2012. Using an estimated price of £179,621 means this house is valued at £2,281 per sq meter (£211 per sq foot).
The average size of a house on ABBOTS CLOSE is 100 sq meters (1,080 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Abbots Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbots Close |
| Aug 2024 | Anti-social behaviour | On or near Abbots Close | |
| Aug 2024 | Anti-social behaviour | On or near Abbots Close |