£48,262
This estimated value is based upon the latest sale price for the house of £32,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £32,000 | 23 Oct 2014 |
| £40,000 | 23 Oct 2014 |
| £35,000 | 24 Mar 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 25 sq meters or 269 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £32,000 results in an estimated price of approximately £48,262.
| 23 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £32,000 | £16,262 | £48,262 |
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 | -52.458 % | £-16,786 | £15,213 |
| 3 Month Average | 28.984 % | £9,275 | £41,275 |
| 6 Month Average | 50.687 % | £16,219 | £48,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £154,755 | £150,000 | 57 WEYHILL CLOSE |
| 2 Aug 2023 | £91,653 | £90,000 | 38 WEYHILL CLOSE |
| 30 Mar 2023 | £186,108 | £183,000 | 6 TORFIELD |
| 21 Sep 2022 | £86,442 | £86,500 | 35 WEYHILL CLOSE |
| 4 Jun 2022 | £137,949 | £135,000 | 17 TORFIELD |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 24 Feb 2021. Using an estimated price of £48,262 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on WEYHILL CLOSE is 38 sq meters (417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Pagham Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Pagham Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torfield |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenfield |