£701,337
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
Get our free house price tracker.
| 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 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £580,000 results in an estimated price of approximately £701,337.
| 14 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £580,000 | £121,337 | £701,337 |
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 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £839,034 | £830,000 | 5 WYCHBURY |
| 12 Apr 2023 | £535,769 | £530,000 | 7 LAWNSWOOD |
| 30 Jun 2022 | £552,812 | £545,000 | 4 CHATER DRIVE |
| 6 May 2022 | £642,099 | £630,000 | 68 BROOKHUS FARM ROAD |
| 25 Mar 2022 | £445,593 | £430,000 | 15 LAWNSWOOD |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 28 Oct 2019. Using an estimated price of £701,338 means this house is valued at £4,101 per sq meter (£381 per sq foot).
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 |