£100,844
This estimated value is based upon the latest sale price for the house of £67,000 on 5 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 |
|---|---|
| £67,000 | 5 Sep 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 648 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 £67,000 results in an estimated price of approximately £100,844.
| 5 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £67,000 | £33,844 | £100,844 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 128.820 % | £86,309 | £153,309 |
| 3 Month Average | 47.035 % | £31,513 | £98,513 |
| 6 Month Average | 36.078 % | £24,172 | £91,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £170,017 | £167,500 | 39 DOUGLAS DAVIES CLOSE |
| 29 Sep 2023 | £101,295 | £100,000 | 3 BENTON CLOSE |
| 31 Aug 2023 | £169,483 | £168,000 | 5 RUDGE CLOSE |
| 26 Jun 2023 | £298,617 | £295,000 | 3 REDSAND CLOSE |
| 21 Apr 2023 | £54,588 | £54,000 | 8 WOLVERSON CLOSE |
This house has a floor area of 60 sq meters or 648 sq feet when measured on 27 Oct 2011. Using an estimated price of £100,844 means this house is valued at £1,673 per sq meter (£155 per sq foot).
The average size of a house on ERNEST CLARK CLOSE is 92 sq meters (994 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (648 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ernest Clarke Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ernest Clarke Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benton Close |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Benton Close |