£129,039
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near The Orchard
More crime details
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Price Paid | Date |
---|---|
£110,000 | 29 Oct 2020 |
Semi-Detached |
Leasehold |
Floor Area: 55 sq meters or 592 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £110,000 results in an estimated price of approximately £129,039.
29 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £110,000 | £19,039 | £129,039 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 2.498 % | £2,747 | £112,747 |
3 Month Average | -4.160 % | £-4,576 | £105,423 |
6 Month Average | 14.616 % | £16,077 | £126,077 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £199,243 | £197,500 | 39 GARRATT CLOSE |
30 Jun 2023 | £202,452 | £200,000 | 21 STARKIE DRIVE |
26 Jun 2023 | £217,636 | £215,000 | 15 STARKIE DRIVE |
24 Jan 2022 | £86,824 | £82,500 | 40 STARKIE DRIVE |
26 Nov 2021 | £270,378 | £250,000 | 27 GARRATT CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Mar 2020. Using an estimated price of £129,039 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on GARRATT CLOSE is 64 sq meters (692 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near The Orchard |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Orchard |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Starkie Drive |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Starkie Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Starkie Drive |