£248,702
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 25 Mar 2022 |
| £159,000 | 2 Nov 2018 |
| £125,000 | 22 Nov 2013 |
| £114,000 | 12 Aug 2011 |
| £103,500 | 4 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £240,000 results in an estimated price of approximately £248,702.
| 25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £240,000 | £8,702 | £248,702 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -23.365 % | £-56,075 | £183,924 |
| 3 Month Average | -13.248 % | £-31,796 | £208,203 |
| 6 Month Average | 2.882 % | £6,917 | £246,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £163,085 | £161,000 | 122 SILVERDALE CLOSE |
| 20 Sep 2023 | £197,526 | £195,000 | 71 SILVERDALE CLOSE |
| 8 Sep 2023 | £212,720 | £210,000 | 34 SILVERDALE CLOSE |
| 24 Aug 2023 | £186,633 | £185,000 | 17 SEAFORD CLOSE |
| 9 Jun 2023 | £222,698 | £220,000 | 20 SLEDMERE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Sep 2021. Using an estimated price of £248,703 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on SILVERDALE CLOSE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverdale Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale Close |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Silverdale Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Paget Court |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Paget Court |