£281,323
This estimated value is based upon the latest sale price for the house of £164,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,000 | 21 Jan 2011 |
| Terraced |
| Leasehold |
| Floor Area: 110 sq meters or 1,187 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 2011 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £164,000 results in an estimated price of approximately £281,323.
| 21 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £164,000 | £117,323 | £281,323 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 5.222 % | £8,563 | £172,563 |
| 3 Month Average | 50.336 % | £82,550 | £246,550 |
| 6 Month Average | 58.252 % | £95,533 | £259,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,159 | £282,500 | 50 GILPIN CRESCENT |
| 11 Nov 2022 | £234,164 | £237,000 | 19 ST MARKS ROAD |
| 22 Apr 2022 | £228,718 | £222,100 | 13 ST MARKS ROAD |
| 30 Sep 2021 | £264,010 | £245,000 | 6 RYDERS HAYES LANE |
| 12 Aug 2021 | £298,985 | £268,000 | 45 GILPIN CRESCENT |
This house has a floor area of 110 sq meters or 1,187 sq feet when measured on 8 May 2010. Using an estimated price of £281,323 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on FAIRFIELD DRIVE is 135 sq meters (1,459 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Nicholas Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Armside Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathside Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathside Drive |