£234,969
This estimated value is based upon the latest sale price for the house of £190,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 5 Apr 2019 |
| £138,995 | 17 Apr 2003 |
| 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £190,000 results in an estimated price of approximately £234,969.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £190,000 | £44,969 | £234,969 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 8.799 % | £16,718 | £206,718 |
| 3 Month Average | 24.046 % | £45,688 | £235,688 |
| 6 Month Average | 13.442 % | £25,539 | £215,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £129,130 | £128,000 | 12 RADFORD CLOSE |
| 21 Jun 2022 | £142,007 | £140,000 | 14 RADFORD CLOSE |
| 17 Jun 2022 | £385,447 | £380,000 | 17 SANTOLINA DRIVE |
| 14 Jan 2022 | £131,341 | £124,800 | 49 ASTER WAY |
| 22 Dec 2020 | £149,203 | £130,000 | 4 RADFORD CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Feb 2018. Using an estimated price of £234,969 means this house is valued at £2,610 per sq meter (£242 per sq foot).
The average size of a house on ASTER WAY is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Radford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Close |