£253,538
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Oct 2016. 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 | 18 Oct 2016 |
£93,500 | 8 Dec 2000 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £190,000 results in an estimated price of approximately £253,538.
18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £190,000 | £63,538 | £253,538 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 10.889 % | £20,688 | £210,688 |
3 Month Average | 28.670 % | £54,473 | £244,473 |
6 Month Average | 41.255 % | £78,384 | £268,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Aug 2022 | £286,339 | £285,000 | 26 SILVERLANDS CLOSE |
4 Mar 2022 | £281,862 | £270,000 | 190 BROOKLANDS ROAD |
16 Jul 2021 | £189,296 | £163,500 | FLAT 9 COMPASS COURT, 99 WELBY ROAD |
5 Jul 2021 | £144,722 | £125,000 | APARTMENT 1 49 WELBY ROAD |
25 Jun 2021 | £218,335 | £202,000 | 95 WELBY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Jun 2016. Using an estimated price of £253,538 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on SILVERLANDS CLOSE is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Silverlands Close | |
May 2024 | Anti-social behaviour | On or near Silverlands Close | |
May 2024 | Anti-social behaviour | On or near Silverlands Close | |
May 2024 | Anti-social behaviour | On or near Silverlands Close | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brooklands Close |