£692,370
This estimated value is based upon the latest sale price for the house of £580,000 on 14 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £580,000 | 14 Jul 2020 |
| £398,000 | 8 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £580,000 results in an estimated price of approximately £692,370.
| 14 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £580,000 | £112,370 | £692,370 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 12.152 % | £70,481 | £650,481 |
| 3 Month Average | 33.159 % | £192,322 | £772,322 |
| 6 Month Average | 20.818 % | £120,744 | £700,744 |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 28 Oct 2019.
There is one other house on the street which we know the size of, this is 2 THE HAYBARN it is 165.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chater Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cover Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Witham Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rochford Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Bromyard Avenue |