£260,701
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 29 Jul 2022 |
| £210,000 | 12 Jun 2017 |
| £106,000 | 17 Oct 2005 |
| £159,650 | 30 May 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £260,000 results in an estimated price of approximately £260,701.
| 29 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £260,000 | £701 | £260,701 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -66.034 % | £-171,687 | £88,312 |
| 3 Month Average | -2.279 % | £-5,925 | £254,074 |
| 6 Month Average | -5.114 % | £-13,296 | £246,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £189,490 | £190,000 | 132 PYPE HAYES ROAD |
| 29 Jul 2022 | £260,702 | £260,000 | 8 ASHFORD CLOSE |
| 1 Apr 2022 | £344,983 | £335,000 | 132 SPRINGTHORPE ROAD |
| 25 Nov 2021 | £311,476 | £288,000 | 17 WINDFALL COURT |
| 10 Sep 2021 | £431,037 | £400,000 | 141 SPRINGTHORPE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 May 2017. Using an estimated price of £260,702 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on ASHFORD CLOSE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Spencer Close |