1 SPRING MEADOW CLOSE

£647,173

Full Address

1 SPRING MEADOW CLOSE
WOLVERHAMPTON
WOLVERHAMPTON
STAFFORDSHIRE
UNITED KINGDOM
WV8 1GJ

Estimated Market Value

£647,173

This estimated value is based upon the latest sale price for the house of £258,500 on 16 Dec 2002. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1

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Transactions for this house
Price PaidDate
£258,50016 Dec 2002
House Details
Detached
Freehold
Floor Area: 149 sq meters or 1,603 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for STAFFORDSHIRE to estimate the market value.

When this house was purchased in December 2002 the House Price Index for STAFFORDSHIRE was 58.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.

Applying this 150.357% change to the original purchase price of £258,500 results in an estimated price of approximately £647,173.

16 Dec 2002 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
58.6 146.7 150.357 % £258,500 £388,673 £647,173

The Postcode Pricing Model uses changes in average sales price within the WV8 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 52.918 % £136,792 £395,292
3 Month Average 45.696 % £118,125 £376,625
6 Month Average 54.347 % £140,486 £398,986
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 19 Sep 2018.

The average size of a house on SPRING MEADOW CLOSE is 157 sq meters (1,695 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Feb 2024 Vehicle crime Investigation complete; no suspect identified On or near The Fields
Mar 2024 Criminal damage and arson Under investigation On or near Bilbrook Road
Mar 2024 Violence and sexual offences Under investigation On or near Brook Meadows
Dec 2023 Violence and sexual offences Unable to prosecute suspect On or near Brook Meadows
Mar 2024 Violence and sexual offences Action to be taken by another organisation On or near Cottage View

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Companies Near Here
EXPRESS BARGAINS LIMITED
15 Spring Meadow Close Wolverhampton England WV8 1GJ
HI LIGHT HOMES LIMITED
15 Spring Meadows Close Wolverhampton United Kingdom WV8 1GJ
SRI LAKSHMI NARAYANAN LIMITED
4 Spring Meadow Close Wolverhampton Wolverhampton England WV8 1GJ
DIGNITÀ HOME LTD
6 Brook Meadows Wolverhampton Staffordshire United Kingdom WV8 1GB
ESSENCELIBERTY LTD
6 Brook Meadows Codsall Wolverhampton England WV8 1GB

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People Near Here
Mr Hamish Alister Donaldson Historic Information
5 Spring Meadows Close, WV8 1GJ
SHEILA HALL
7 SPRING MEADOWS CLOSE, BILBROOK, WV8 1GJ
MRS MANJIT SAHOTA
15 SPRING MEADOW CLOSE, WV8 1GJ
MR STEPHEN JAMES HARRIS QUANTITY SURVEYOR
17 SPRING MEADOW CLOSE, WV8 1GJ
MRS Manisha RAVI
2 Springmeadow Close, WV8 1GJ
MR JASBIR SINGH SAHOTA DIRECTOR
15 SPRING MEADOW CLOSE, WV8 1GJ
MR MARK WILLIAM STEPHENSON Historic Information
3 SPRING MEADOWS CLOSE, BILBROOK, WV8 1GJ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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