£101,883
This estimated value is based upon the latest sale price for the house of £88,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£88,000 | 23 Jul 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £88,000 results in an estimated price of approximately £101,883.
23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £88,000 | £13,883 | £101,883 |
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 | 5.329 % | £4,689 | £92,689 |
3 Month Average | -3.765 % | £-3,312 | £84,687 |
6 Month Average | -8.901 % | £-7,832 | £80,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £102,254 | £100,000 | 3 BENTON CLOSE |
31 Aug 2023 | £171,086 | £168,000 | 5 RUDGE CLOSE |
26 Jun 2023 | £301,033 | £295,000 | 3 REDSAND CLOSE |
24 Mar 2023 | £366,114 | £360,000 | 43 ENSBURY CLOSE |
15 Jun 2022 | £163,495 | £160,000 | 29 BASSETT CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Apr 2021. Using an estimated price of £101,884 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on BENTON CLOSE is 94 sq meters (1,016 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stroud Avenue |
Aug 2024 | Anti-social behaviour | On or near Stroud Avenue | |
Aug 2024 | Anti-social behaviour | On or near Stroud Avenue | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stroud Avenue |
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Benton Close |