£197,642
This estimated value is based upon the latest sale price for the house of £142,500 on 3 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£142,500 | 3 Nov 2015 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £142,500 results in an estimated price of approximately £197,642.
3 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.0 | 38.696 % | £142,500 | £55,142 | £197,642 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | 140.221 % | £199,814 | £342,314 |
3 Month Average | 94.804 % | £135,095 | £277,595 |
6 Month Average | 71.157 % | £101,399 | £243,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £280,303 | £275,000 | 19 MILLWALK DRIVE |
24 Nov 2023 | £202,601 | £200,000 | 1 LESSCROFT CLOSE |
30 Aug 2023 | £261,591 | £260,000 | 57 CLEWLEY DRIVE |
25 Aug 2023 | £201,224 | £200,000 | 20 LESSCROFT CLOSE |
21 Jul 2023 | £277,626 | £275,000 | 17 LESSCROFT CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Jul 2015. Using an estimated price of £197,642 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on CLEWLEY DRIVE is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Clewley Drive |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wragby Close |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Wragby Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Side Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Water Side Way |