£227,682
This estimated value is based upon the latest sale price for the house of £188,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £188,000 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £188,000 results in an estimated price of approximately £227,682.
| 19 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £188,000 | £39,682 | £227,682 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -8.357 % | £-15,710 | £172,289 |
| 3 Month Average | 19.607 % | £36,860 | £224,860 |
| 6 Month Average | 46.567 % | £87,545 | £275,545 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 May 2019.
The average size of a house on SCOTTS GREEN CLOSE is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Montrose Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montrose Drive |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Montrose Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montrose Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montrose Drive |