£178,111
This estimated value is based upon the latest sale price for the house of £181,000 on 10 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £181,000 | 10 Nov 2022 |
| £140,000 | 22 Oct 2020 |
| £118,000 | 2 Dec 2008 |
| £92,500 | 24 Sep 2004 |
| £52,950 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £181,000 results in an estimated price of approximately £178,111.
| 10 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £181,000 | £-2,888 | £178,111 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -43.084 % | £-77,982 | £103,017 |
| 3 Month Average | -13.907 % | £-25,172 | £155,827 |
| 6 Month Average | 0.484 % | £875 | £181,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £244,628 | £240,000 | 75 GRESWOLD STREET |
| 20 Nov 2023 | £253,251 | £250,000 | 48 CLIVE STREET |
| 10 Nov 2023 | £187,406 | £185,000 | 26 WORDSWORTH STREET |
| 14 Aug 2023 | £195,187 | £194,000 | 16 ABBEY CLOSE |
| 18 Apr 2023 | £226,685 | £225,000 | 9 MONKGATE DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Apr 2019. Using an estimated price of £178,112 means this house is valued at £3,124 per sq meter (£290 per sq foot).
The average size of a house on ABBEY CLOSE is 64 sq meters (696 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbey Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monkgate Drive |
| Feb 2024 | Anti-social behaviour | On or near Monkgate Drive | |
| Feb 2024 | Anti-social behaviour | On or near Monkgate Drive |