£508,805
This estimated value is based upon the latest sale price for the house of £467,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£467,000 | 19 Nov 2021 |
Semi-Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £467,000 results in an estimated price of approximately £508,805.
19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £467,000 | £41,805 | £508,805 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 11.156 % | £52,100 | £519,100 |
3 Month Average | 9.352 % | £43,675 | £510,675 |
6 Month Average | 14.229 % | £66,450 | £533,450 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £477,334 | £470,000 | 66 OSMASTON ROAD |
12 Oct 2023 | £726,500 | £710,000 | 55 NORTON ROAD |
15 Sep 2023 | £555,240 | £543,000 | 12 CARVER GARDENS |
25 Aug 2023 | £659,393 | £647,500 | 85 NORTON ROAD |
13 Mar 2023 | £396,624 | £390,000 | 2A LINKS DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 10 Oct 2012. Using an estimated price of £508,806 means this house is valued at £3,634 per sq meter (£337 per sq foot).
There is one other house on the street which we know the size of, this is 11 CARVER GARDENS it is 149.0
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Carver Gardens | |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairways Close |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Norton Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Norton Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Links Drive |