£237,554
This estimated value is based upon the latest sale price for the house of £53,000 on 12 Mar 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 12 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 1999 the House Price Index for WEST MIDLANDS was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £53,000 results in an estimated price of approximately £237,554.
| 12 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £53,000 | £184,554 | £237,554 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 311.019 % | £164,840 | £217,840 |
| 3 Month Average | 259.332 % | £137,446 | £190,446 |
| 6 Month Average | 265.857 % | £140,903 | £193,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £307,553 | £303,000 | 259 CASTLE LANE |
| 25 Aug 2023 | £259,268 | £257,000 | 9 CASTLE CLOSE |
| 9 Jun 2023 | £118,435 | £117,000 | 54 REDFERN CLOSE |
| 2 Jun 2023 | £261,447 | £258,280 | 239 CASTLE LANE |
| 17 Mar 2023 | £229,159 | £227,000 | 145 HIGHWOOD AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Jul 2015. Using an estimated price of £237,555 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on REDFERN CLOSE is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redfern Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redfern Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redfern Close |
| Mar 2024 | Anti-social behaviour | On or near Redfern Close | |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Redfern Close |