£129,874
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 15 Aug 2018 |
| £90,000 | 25 May 2018 |
| £37,000 | 2 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £105,000 results in an estimated price of approximately £129,874.
| 15 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £105,000 | £24,874 | £129,874 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 94.305 % | £99,019 | £204,019 |
| 3 Month Average | 15.309 % | £16,074 | £121,074 |
| 6 Month Average | 6.002 % | £6,302 | £111,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £223,306 | £220,000 | 6 PICCADILLY CLOSE |
| 10 Nov 2023 | £197,930 | £195,000 | 22 PICCADILLY CLOSE |
| 28 Jul 2023 | £187,524 | £185,000 | 20 ORCHID CLOSE |
| 21 Jul 2023 | £261,520 | £258,000 | 4 SUNDEW DRIVE |
| 29 Jun 2023 | £253,065 | £250,000 | 7 ORCHID CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Mar 2018. Using an estimated price of £129,875 means this house is valued at £1,546 per sq meter (£143 per sq foot).
The average size of a house on PICCADILLY CLOSE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchid Close |
| Mar 2024 | Other crime | Under investigation | On or near Orchid Close |
| Mar 2024 | Anti-social behaviour | On or near Orchid Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchid Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchid Close |