£206,445
This estimated value is based upon the latest sale price for the house of £46,900 on 1 Apr 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £46,900 | 1 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 April 1999 the House Price Index for WEST MIDLANDS was 33.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 340.182%.Applying this 340.182% change to the original purchase price of £46,900 results in an estimated price of approximately £206,445.
| 1 Apr 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 146.7 | 340.182 % | £46,900 | £159,545 | £206,445 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 348.095 % | £163,256 | £210,156 |
| 3 Month Average | 338.025 % | £158,533 | £205,433 |
| 6 Month Average | 370.471 % | £173,750 | £220,650 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Apr 2018.
The average size of a house on WATER MILL CLOSE is 95 sq meters (1,026 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Mill Close |
| Jan 2024 | Public order | Under investigation | On or near Water Mill Close |
| Jan 2024 | Public order | Under investigation | On or near Water Mill Close |
| Jan 2024 | Public order | Under investigation | On or near Water Mill Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Mill Close |