£331,665
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Mar 2015 |
| £250,000 | 16 Dec 2005 |
| £249,950 | 24 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £225,000 results in an estimated price of approximately £331,665.
| 25 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £225,000 | £106,665 | £331,665 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 15.779 % | £35,502 | £260,502 |
| 3 Month Average | -18.378 % | £-41,351 | £183,648 |
| 6 Month Average | 7.365 % | £16,570 | £241,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £78,880 | £77,500 | 27 DEERHURST COURT |
| 8 Dec 2023 | £254,401 | £249,950 | 33 DEERHURST COURT |
| 1 Dec 2023 | £84,478 | £83,000 | 38 DEERHURST COURT |
| 21 Nov 2023 | £274,057 | £270,000 | 20 NEW ROAD |
| 2 Nov 2023 | £295,373 | £291,000 | 34 FAZELEY CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Jul 2012. Using an estimated price of £331,665 means this house is valued at £4,481 per sq meter (£416 per sq foot).
The average size of a house on FAZELEY CLOSE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near New Road |
| Dec 2023 | Shoplifting | Awaiting court outcome | On or near New Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Road |