£398,960
This estimated value is based upon the latest sale price for the house of £217,000 on 8 Jul 2005. 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 Vesey Close
More crime details
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| Price Paid | Date |
|---|---|
| £217,000 | 8 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
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 July 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £217,000 results in an estimated price of approximately £398,960.
| 8 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £217,000 | £181,960 | £398,960 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 27.945 % | £60,640 | £277,640 |
| 3 Month Average | 46.028 % | £99,881 | £316,881 |
| 6 Month Average | 53.156 % | £115,348 | £332,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £227,759 | £225,000 | FLAT 18 MARLBOROUGH COURT VESEY CLOSE |
| 3 Feb 2023 | £153,896 | £154,000 | FLAT 8 PARK WOOD COURT WALSALL ROAD |
| 27 Jan 2023 | £159,250 | £160,000 | FLAT 24 PARK WOOD COURT WALSALL ROAD |
| 22 Jul 2022 | £176,475 | £176,000 | FLAT 13 MARLBOROUGH COURT VESEY CLOSE |
| 30 Mar 2022 | £777,197 | £750,000 | 6 WALSALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vesey Close |
| Dec 2023 | Burglary | Under investigation | On or near Vesey Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near All Saints Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near All Saints Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near All Saints Drive |