£266,340
This estimated value is based upon the latest sale price for the house of £85,200 on 13 Dec 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,200 | 13 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 December 2001 the House Price Index for WEST MIDLANDS was 46.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 212.606%.Applying this 212.606% change to the original purchase price of £85,200 results in an estimated price of approximately £266,340.
| 13 Dec 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 146.7 | 212.606 % | £85,200 | £181,140 | £266,340 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 239.225 % | £203,819 | £289,019 |
| 3 Month Average | 206.749 % | £176,150 | £261,350 |
| 6 Month Average | 178.054 % | £151,701 | £236,901 |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 27 Aug 2013.
The average size of a house on MAGNOLIA WAY is 116 sq meters (1,257 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Magnolia Way |
| Mar 2024 | Other theft | Under investigation | On or near Crystal Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crystal Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Allan Close |
| Mar 2024 | Other crime | Under investigation | On or near Allan Close |