£50,202
This estimated value is based upon the latest sale price for the house of £45,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 27 Aug 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £45,000 results in an estimated price of approximately £50,202.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £45,000 | £5,202 | £50,202 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 52.220 % | £23,498 | £68,498 |
| 3 Month Average | -11.786 % | £-5,303 | £39,696 |
| 6 Month Average | 17.453 % | £7,853 | £52,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £432,569 | £425,000 | 16 OLD COLLEGE DRIVE |
| 1 Sep 2023 | £96,230 | £95,000 | 55 OLD COLLEGE DRIVE |
| 14 Jul 2023 | £126,705 | £125,000 | 33 OLD COLLEGE DRIVE |
| 17 Jan 2023 | £124,414 | £125,000 | 2 BURRS DRIVE |
| 1 Jun 2022 | £349,945 | £345,000 | 4 OLD COLLEGE DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Nov 2012. Using an estimated price of £50,203 means this house is valued at £760 per sq meter (£70 per sq foot).
The average size of a house on BURRS DRIVE is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burrs Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedgbury Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wedgbury Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Close |