£328,402
This estimated value is based upon the latest sale price for the house of £265,000 on 6 Jul 2018. 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 Kinlet Close
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| Price Paid | Date |
|---|---|
| £265,000 | 6 Jul 2018 |
| £185,000 | 30 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £265,000 results in an estimated price of approximately £328,402.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £265,000 | £63,402 | £328,402 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 7.540 % | £19,980 | £284,980 |
| 3 Month Average | 24.597 % | £65,183 | £330,183 |
| 6 Month Average | 24.336 % | £64,491 | £329,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £162,183 | £160,000 | 54 KINLET CLOSE |
| 22 Feb 2023 | £366,753 | £367,000 | 15 KINLET CLOSE |
| 24 Jan 2023 | £199,062 | £200,000 | 49 KINLET CLOSE |
| 9 Sep 2022 | £173,598 | £175,000 | 45 KINLET CLOSE |
| 22 Aug 2022 | £123,667 | £124,000 | 6 CORBET ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Jul 2013. Using an estimated price of £328,403 means this house is valued at £3,098 per sq meter (£287 per sq foot).
The average size of a house on KINLET CLOSE is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kinlet Close |
| Mar 2024 | Drugs | Under investigation | On or near Kinlet Close |
| Mar 2024 | Burglary | Under investigation | On or near Kinlet Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kinlet Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kinlet Close |