£150,434
This estimated value is based upon the latest sale price for the house of £95,000 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£95,000 | 14 Feb 2014 |
£91,500 | 15 Jan 2009 |
£85,000 | 8 Dec 2003 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £95,000 results in an estimated price of approximately £150,434.
14 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £95,000 | £55,434 | £150,434 |
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 | 56.353 % | £53,535 | £148,535 |
3 Month Average | 54.303 % | £51,587 | £146,587 |
6 Month Average | 46.999 % | £44,648 | £139,648 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £127,226 | £125,000 | 4 SORREL DRIVE |
27 May 2022 | £168,169 | £165,000 | 52 PIMPERNEL DRIVE |
14 Jan 2022 | £178,909 | £170,000 | 2 BURDOCK CLOSE |
22 Oct 2021 | £105,115 | £95,000 | 16 SORREL DRIVE |
13 Nov 2020 | £143,760 | £124,000 | 38 WOLFSBANE DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Jan 2016. Using an estimated price of £150,435 means this house is valued at £2,593 per sq meter (£240 per sq foot).
The average size of a house on BURDOCK CLOSE is 61 sq meters (660 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Burdock Close |
Dec 2023 | Other crime | Unable to prosecute suspect | On or near Burdock Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burdock Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burdock Close |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Burdock Close |