£317,981
This estimated value is based upon the latest sale price for the house of £298,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hopwood Close
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| Price Paid | Date |
|---|---|
| £298,000 | 20 Dec 2021 |
| £185,000 | 10 Jan 2017 |
| £150,000 | 31 Jan 2005 |
| £100,000 | 19 Apr 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £298,000 results in an estimated price of approximately £317,981.
| 20 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £298,000 | £19,981 | £317,981 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -43.784 % | £-130,476 | £167,523 |
| 3 Month Average | -20.158 % | £-60,071 | £237,928 |
| 6 Month Average | -8.868 % | £-26,426 | £271,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £297,411 | £295,000 | 192 BROADWAY AVENUE |
| 9 Jan 2023 | £282,518 | £285,000 | 138 BLAKEDOWN ROAD |
| 5 Aug 2022 | £136,081 | £137,000 | 6 SCHOOL LANE |
| 15 Jul 2022 | £379,487 | £380,000 | 30 PERSHORE ROAD |
| 17 Jun 2022 | £272,764 | £270,000 | 143 BLAKEDOWN ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Jun 2015. Using an estimated price of £317,981 means this house is valued at £3,028 per sq meter (£281 per sq foot).
The average size of a house on HOPWOOD CLOSE is 111 sq meters (1,199 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Hopwood Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hopwood Close |
| Feb 2024 | Other theft | Action to be taken by another organisation | On or near Hopwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |