£172,299
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cleveland Close
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| Price Paid | Date |
|---|---|
| £110,000 | 29 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £110,000 results in an estimated price of approximately £172,299.
| 29 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £110,000 | £62,299 | £172,299 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 54.393 % | £59,832 | £169,832 |
| 3 Month Average | 50.046 % | £55,050 | £165,050 |
| 6 Month Average | 52.962 % | £58,258 | £168,258 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Jun 2013.
The average size of a house on CLEVELAND CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Cleveland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Portobello Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Portobello Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Portobello Close |