£244,914
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Oct 2008. 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 Gordon Drive
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| Price Paid | Date |
|---|---|
| £140,000 | 3 Oct 2008 |
| £125,000 | 14 Jul 2004 |
| £67,500 | 11 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2008 the House Price Index for WEST MIDLANDS was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £140,000 results in an estimated price of approximately £244,914.
| 3 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £140,000 | £104,914 | £244,914 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 37.442 % | £52,419 | £192,419 |
| 3 Month Average | 11.298 % | £15,816 | £155,816 |
| 6 Month Average | 28.654 % | £40,115 | £180,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £140,074 | £138,000 | 19 MANSION DRIVE |
| 10 Jul 2023 | £243,274 | £240,000 | 18 CLARKES GROVE |
| 31 Mar 2023 | £252,378 | £250,000 | 3 CLARKES GROVE |
| 3 Mar 2023 | £161,522 | £160,000 | 14 MANSION DRIVE |
| 15 Aug 2022 | £164,557 | £165,000 | 6 CLOVER PIECE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 May 2016. Using an estimated price of £244,915 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on STAR CLOSE is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Drive |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Gordon Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gordon Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Piece |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cinquefoil Leasow |