£598,050
This estimated value is based upon the latest sale price for the house of £460,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £460,000 | 3 Feb 2017 |
| £290,000 | 18 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £460,000 results in an estimated price of approximately £598,050.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £460,000 | £138,050 | £598,050 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -18.984 % | £-87,324 | £372,675 |
| 3 Month Average | 25.991 % | £119,559 | £579,559 |
| 6 Month Average | 26.210 % | £120,565 | £580,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £400,116 | £395,000 | 10 ETON DRIVE |
| 5 Sep 2023 | £635,627 | £627,500 | 6 ALDERLEA CLOSE |
| 23 Jun 2023 | £420,089 | £415,000 | 51 FIELD LANE |
| 28 Apr 2023 | £505,442 | £500,000 | 45 FIELD LANE |
| 20 Mar 2023 | £403,804 | £400,000 | 109 LOVE LANE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 18 Oct 2016. Using an estimated price of £598,051 means this house is valued at £3,559 per sq meter (£330 per sq foot).
The average size of a house on LOVE LANE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlborough Drive |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Marlborough Drive |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Marlborough Drive |
| Feb 2024 | Anti-social behaviour | On or near Birkdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Birkdale Close |