£277,972
This estimated value is based upon the latest sale price for the house of £89,000 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,000 | 18 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 January 2002 the House Price Index for WEST MIDLANDS was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £89,000 results in an estimated price of approximately £277,972.
| 18 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £89,000 | £188,972 | £277,972 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 279.447 % | £248,707 | £337,707 |
| 3 Month Average | 174.744 % | £155,521 | £244,521 |
| 6 Month Average | 181.018 % | £161,106 | £250,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £300,630 | £298,000 | 9 KINFARE DRIVE |
| 24 Aug 2023 | £174,527 | £173,000 | 2 NORTHDALE |
| 23 Jun 2023 | £263,188 | £260,000 | 15 RISING BROOK |
| 19 Jun 2023 | £187,268 | £185,000 | 6 RISING BROOK |
| 2 Jun 2023 | £374,537 | £370,000 | 8 RISING BROOK |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 8 Dec 2017. Using an estimated price of £277,973 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on KINFARE DRIVE is 85 sq meters (917 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kinfare Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kinfare Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodhouse Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodhouse Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Green |