£328,209
This estimated value is based upon the latest sale price for the house of £272,500 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £272,500 | 23 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £272,500 results in an estimated price of approximately £328,209.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £272,500 | £55,709 | £328,209 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -15.468 % | £-42,151 | £230,348 |
| 3 Month Average | 49.776 % | £135,639 | £408,139 |
| 6 Month Average | 29.823 % | £81,266 | £353,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £238,206 | £235,000 | 31 HEATHLEIGH ROAD |
| 19 Jan 2023 | £278,687 | £280,000 | 40 GLENWOOD ROAD |
| 24 Oct 2022 | £291,858 | £295,000 | 17 HEATHLEIGH ROAD |
| 2 Sep 2022 | £193,438 | £195,000 | 25 HEATHLEIGH ROAD |
| 1 Jun 2022 | £263,727 | £260,000 | 65 HEATHLEIGH ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Oct 2019. Using an estimated price of £328,209 means this house is valued at £3,646 per sq meter (£338 per sq foot).
There is one other house on the street which we know the size of, this is 2 DORVILLE CLOSE it is 150.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Park West |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kings Park West |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grange Farm Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Farm Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Drive |