£259,980
This estimated value is based upon the latest sale price for the house of £152,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£152,000 | 26 Oct 2012 |
£155,000 | 30 Sep 2005 |
£86,500 | 8 Jun 2001 |
£57,000 | 31 Mar 1995 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £152,000 results in an estimated price of approximately £259,980.
26 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £152,000 | £107,980 | £259,980 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 64.412 % | £97,906 | £249,906 |
3 Month Average | 76.242 % | £115,888 | £267,888 |
6 Month Average | 76.643 % | £116,496 | £268,496 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £273,401 | £265,000 | 32 BELVOIR CLOSE |
21 Nov 2023 | £323,204 | £315,000 | 11 GAINSBOROUGH PLACE |
26 Sep 2023 | £286,311 | £280,000 | 33 BALMORAL VIEW |
25 Sep 2023 | £255,635 | £250,000 | 21 BELVOIR CLOSE |
28 Apr 2023 | £336,290 | £330,000 | 8 CAERNARVON WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Jun 2012. Using an estimated price of £259,980 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on BALMORAL VIEW is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Oriel Close |
Aug 2024 | Anti-social behaviour | On or near Oriel Close | |
Aug 2024 | Anti-social behaviour | On or near Oriel Close | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oriel Close |
Sep 2024 | Anti-social behaviour | On or near Leighton Close |