£295,931
This estimated value is based upon the latest sale price for the house of £190,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 May 2014 |
| £175,000 | 11 Apr 2006 |
| £78,450 | 31 Mar 1999 |
| £72,000 | 17 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £190,000 results in an estimated price of approximately £295,931.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £190,000 | £105,931 | £295,931 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 58.161 % | £110,506 | £300,506 |
| 3 Month Average | 58.796 % | £111,712 | £301,712 |
| 6 Month Average | 68.656 % | £130,445 | £320,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £276,275 | £270,000 | 57 HAMILTON DRIVE |
| 20 Apr 2023 | £239,479 | £235,000 | 10 HAMILTON CLOSE |
| 6 Apr 2023 | £218,079 | £214,000 | 168 BALMORAL ROAD |
| 13 Mar 2023 | £274,586 | £270,000 | 54 HAMILTON DRIVE |
| 6 Jan 2023 | £230,616 | £230,000 | 15 HAMILTON DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Oct 2013. Using an estimated price of £295,931 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on HAMILTON DRIVE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleford Close |