£91,205
This estimated value is based upon the latest sale price for the house of £68,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 5 Aug 2016 |
| £70,000 | 24 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £68,000 results in an estimated price of approximately £91,205.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £68,000 | £23,205 | £91,205 |
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 | 30.528 % | £20,758 | £88,758 |
| 3 Month Average | 27.541 % | £18,728 | £86,728 |
| 6 Month Average | 40.172 % | £27,316 | £95,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £461,720 | £450,000 | MARCHWOOD COLMAN HILL |
| 25 Aug 2023 | £86,561 | £85,000 | 1 BATH MEADOW |
| 18 Apr 2023 | £259,860 | £255,000 | 5 CLAINES ROAD |
| 24 Mar 2023 | £166,785 | £164,000 | 31 DREWS HOLLOWAY SOUTH |
| 3 May 2022 | £215,617 | £210,000 | 18 BEECHER PLACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Apr 2016. Using an estimated price of £91,206 means this house is valued at £1,216 per sq meter (£112 per sq foot).
The average size of a house on DREWS HOLLOWAY SOUTH is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drews Holloway South |
| Sep 2024 | Anti-social behaviour | On or near Beecher Road East | |
| Sep 2024 | Anti-social behaviour | On or near Beecher Road East | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beecher Road East |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beecher Road East |