£246,677
This estimated value is based upon the latest sale price for the house of £99,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£99,000 | 10 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 January 2003 the House Price Index for WEST MIDLANDS was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £99,000 results in an estimated price of approximately £246,677.
10 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £99,000 | £147,677 | £246,677 |
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 | -5.533 % | £-5,477 | £93,522 |
3 Month Average | 96.857 % | £95,888 | £194,888 |
6 Month Average | 130.819 % | £129,510 | £228,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £196,023 | £190,000 | 49 LEYBOURNE CRESCENT |
2 Nov 2023 | £227,782 | £222,000 | 28 HALESWORTH ROAD |
18 Apr 2023 | £227,251 | £223,000 | 9 WOODFORD CLOSE |
31 Mar 2023 | £165,260 | £162,500 | 14 MARKHAM CROFT |
29 Mar 2023 | £208,482 | £205,000 | 14 ELDRIDGE CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Sep 2014. Using an estimated price of £246,678 means this house is valued at £3,333 per sq meter (£309 per sq foot).
The average size of a house on WOODFORD CLOSE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Woodford Close | |
Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alverstoke Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Droveway |