£221,856
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 25 Feb 2022 |
| £158,000 | 18 Jul 2014 |
| £179,000 | 16 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £210,000 results in an estimated price of approximately £221,856.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £210,000 | £11,856 | £221,856 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -26.250 % | £-55,125 | £154,874 |
| 3 Month Average | -22.261 % | £-46,748 | £163,251 |
| 6 Month Average | -9.880 % | £-20,747 | £189,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £365,978 | £365,000 | 34 MIDDLEWOOD CLOSE |
| 29 Jul 2022 | £318,188 | £315,000 | 48 MIDDLEWOOD CLOSE |
| 13 Jun 2022 | £193,128 | £189,000 | 43 MIDDLEWOOD CLOSE |
| 28 Apr 2022 | £306,558 | £295,500 | 10 ALSTON ROAD |
| 2 Mar 2022 | £202,523 | £194,000 | 11 MIDDLEWOOD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Aug 2021. Using an estimated price of £221,856 means this house is valued at £2,610 per sq meter (£242 per sq foot).
The average size of a house on MIDDLEWOOD CLOSE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Middlewood Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlewood Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlewood Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bisbrook Croft |
| Jul 2024 | Other crime | Under investigation | On or near Bisbrook Croft |