£187,803
This estimated value is based upon the latest sale price for the house of £173,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 24 Sep 2021 |
| £119,000 | 23 Nov 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £173,000 results in an estimated price of approximately £187,803.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £173,000 | £14,803 | £187,803 |
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 | 10.147 % | £17,554 | £190,554 |
| 3 Month Average | 9.597 % | £16,603 | £189,603 |
| 6 Month Average | -4.409 % | £-7,628 | £165,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £102,324 | £100,000 | 7 AMBLESIDE GROVE |
| 29 Sep 2023 | £219,846 | £215,000 | 37 BEMBRIDGE CLOSE |
| 21 Apr 2023 | £81,525 | £80,000 | 14 REDWOOD WAY |
| 12 Aug 2022 | £210,987 | £210,000 | 24 BEMBRIDGE CLOSE |
| 13 Apr 2022 | £173,249 | £167,000 | 9 BEMBRIDGE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jul 2012. Using an estimated price of £187,803 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on INSTOW CLOSE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kington Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandalwood Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bowness Grove |
| Oct 2024 | Anti-social behaviour | On or near Gorey Close | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorey Close |