£568,745
This estimated value is based upon the latest sale price for the house of £456,995 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £456,995 | 18 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £456,995 results in an estimated price of approximately £568,745.
| 18 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £456,995 | £111,750 | £568,745 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 11.194 % | £51,157 | £508,152 |
| 3 Month Average | 0.488 % | £2,229 | £459,224 |
| 6 Month Average | 4.809 % | £21,975 | £478,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £361,096 | £350,000 | 5 LITTLETON CLOSE |
| 16 Feb 2023 | £488,262 | £485,000 | 12 WELTON CLOSE |
| 7 Nov 2022 | £383,208 | £385,000 | 39 HORSFALL DRIVE |
| 26 Aug 2022 | £386,809 | £385,000 | 20 HORSFALL DRIVE |
| 23 Aug 2022 | £384,799 | £383,000 | 11 HORSFALL DRIVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 15 Feb 2019. Using an estimated price of £568,745 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on SIGNAL HAYES ROAD is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Horsfall Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horsfall Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Weaver Avenue |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Weaver Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Miniva Drive |