£171,976
This estimated value is based upon the latest sale price for the house of £167,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,000 | 13 Apr 2022 |
| £84,000 | 22 Oct 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £167,000 results in an estimated price of approximately £171,976.
| 13 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £167,000 | £4,976 | £171,976 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 26.692 % | £44,575 | £211,575 |
| 3 Month Average | 22.416 % | £37,434 | £204,434 |
| 6 Month Average | 0.031 % | £51 | £167,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £194,487 | £192,000 | 63 GURNARD CLOSE |
| 29 Sep 2023 | £217,785 | £215,000 | 37 BEMBRIDGE CLOSE |
| 12 Aug 2022 | £209,436 | £210,000 | 24 BEMBRIDGE CLOSE |
| 13 Apr 2022 | £171,976 | £167,000 | 9 BEMBRIDGE CLOSE |
| 31 Mar 2022 | £207,252 | £200,000 | 10 GOREY CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Nov 2021. Using an estimated price of £171,976 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on BEMBRIDGE CLOSE is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bembridge Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gurnard Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Redwood Way |
| Mar 2024 | Public order | Under investigation | On or near St Albans Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near St Albans Close |