£177,377
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 29 Apr 2016 |
| £100,000 | 10 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £130,000 results in an estimated price of approximately £177,377.
| 29 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £130,000 | £47,377 | £177,377 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 46.094 % | £59,922 | £189,922 |
| 3 Month Average | 11.991 % | £15,587 | £145,587 |
| 6 Month Average | 8.868 % | £11,528 | £141,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £163,419 | £162,000 | 26 WALMEAD CROFT |
| 20 Dec 2023 | £136,185 | £132,000 | 5 SPREADBURY CLOSE |
| 17 Oct 2023 | £117,673 | £115,000 | 14 SPREADBURY CLOSE |
| 6 Oct 2023 | £143,254 | £140,000 | 41 SHEEPMOOR CLOSE |
| 3 Oct 2023 | £154,509 | £151,000 | 52 WINCHFIELD DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Aug 2015. Using an estimated price of £177,377 means this house is valued at £2,647 per sq meter (£245 per sq foot).
The average size of a house on SPREADBURY CLOSE is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Spreadbury Close | |
| Sep 2024 | Anti-social behaviour | On or near Spreadbury Close | |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Walmead Croft |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fakenham Croft |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheepmoor Close |