£298,201
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 9 Jul 2019 |
| £65,000 | 19 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £240,000 results in an estimated price of approximately £298,201.
| 9 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £240,000 | £58,201 | £298,201 |
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 | 40.131 % | £96,314 | £336,314 |
| 3 Month Average | 41.364 % | £99,274 | £339,274 |
| 6 Month Average | 38.226 % | £91,742 | £331,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £342,551 | £335,000 | 14 BROCTON CLOSE |
| 25 Apr 2023 | £285,337 | £280,000 | 3 DUNSFOLD CLOSE |
| 8 Feb 2023 | £337,253 | £335,000 | 53 OVERFIELD DRIVE |
| 25 Jan 2023 | £340,911 | £340,000 | 39 OVERFIELD DRIVE |
| 26 Oct 2022 | £348,835 | £350,000 | 31 OVERFIELD DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 19 Feb 2019. Using an estimated price of £298,201 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on BALKING CLOSE is 171 sq meters (1,846 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brocton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brocton Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Prestons Row |
| Oct 2024 | Anti-social behaviour | On or near Walling Croft | |
| Oct 2024 | Anti-social behaviour | On or near Walling Croft |