£122,710
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 17 Dec 2021 |
| £58,000 | 19 Jul 2019 |
| 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £115,000 results in an estimated price of approximately £122,710.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £115,000 | £7,710 | £122,710 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 3.744 % | £4,305 | £119,305 |
| 3 Month Average | -9.821 % | £-11,294 | £103,705 |
| 6 Month Average | -4.444 % | £-5,110 | £109,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £101,928 | £100,000 | 12 AMBLESIDE CLOSE |
| 23 Jun 2023 | £183,992 | £182,500 | 5 HATFIELD DRIVE |
| 23 Jun 2022 | £186,894 | £185,000 | 33 HATFIELD DRIVE |
| 17 Dec 2021 | £122,711 | £115,000 | 7B BARNETT CLOSE |
| 24 Sep 2021 | £98,202 | £91,500 | 31 AMBLESIDE CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 May 2014. Using an estimated price of £122,711 means this house is valued at £1,917 per sq meter (£178 per sq foot).
There is one other house on the street which we know the size of, this is 6B BARNETT CLOSE it is 64.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Barnett Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnett Close |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Barnett Close |
| Jan 2024 | Public order | Offender given a caution | On or near Barnett Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Arlidge Close |