£152,263
This estimated value is based upon the latest sale price for the house of £114,950 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,950 | 31 Oct 2016 |
| £89,950 | 29 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 722 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £114,950 results in an estimated price of approximately £152,263.
| 31 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £114,950 | £37,313 | £152,263 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 121.487 % | £139,649 | £254,599 |
| 3 Month Average | 34.649 % | £39,828 | £154,778 |
| 6 Month Average | 34.890 % | £40,105 | £155,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £182,405 | £179,950 | FLAT 18 BEWICK COURT THE HOLLOWAY |
| 29 Jun 2023 | £125,014 | £123,500 | 4 CYGNET CLOSE |
| 24 Mar 2023 | £120,132 | £119,000 | 127 BRIDGNORTH ROAD |
| 15 Jul 2022 | £421,134 | £420,000 | 23 THE HOLLOWAY |
| 1 Apr 2022 | £203,900 | £198,000 | 5 CYGNET CLOSE |
This house has a floor area of 67 sq meters or 722 sq feet when measured on 17 Oct 2008. Using an estimated price of £152,263 means this house is valued at £2,269 per sq meter (£210 per sq foot).
The average size of a house on CYGNET CLOSE is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cygnet Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cygnet Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |