£245,437
This estimated value is based upon the latest sale price for the house of £202,975 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £202,975 | 17 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £202,975 results in an estimated price of approximately £245,437.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £202,975 | £42,462 | £245,437 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -15.323 % | £-31,102 | £171,872 |
| 3 Month Average | 3.920 % | £7,956 | £210,931 |
| 6 Month Average | 20.496 % | £41,601 | £244,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £324,366 | £320,000 | 24 THOMSON GROVE |
| 10 Feb 2023 | £215,855 | £216,000 | 42 THOMSON GROVE |
| 17 Jan 2023 | £303,570 | £305,000 | 4 VICKERS CLOSE |
| 1 Jun 2022 | £405,734 | £400,000 | 5 TURBINE COURT |
| 1 Mar 2022 | £233,159 | £225,000 | 47 THOMSON GROVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Mar 2020. Using an estimated price of £245,438 means this house is valued at £3,895 per sq meter (£361 per sq foot).
The average size of a house on TURBINE COURT is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Turbine Court |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Turbine Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palladium Drive |
| Feb 2024 | Anti-social behaviour | On or near Palladium Drive | |
| Feb 2024 | Anti-social behaviour | On or near Palladium Drive |