£176,215
This estimated value is based upon the latest sale price for the house of £129,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £129,500 | 31 Mar 2016 |
| £64,950 | 2 May 2001 |
| £47,500 | 18 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £129,500 results in an estimated price of approximately £176,215.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £129,500 | £46,715 | £176,215 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 120.935 % | £156,611 | £286,111 |
| 3 Month Average | 35.150 % | £45,519 | £175,019 |
| 6 Month Average | 40.018 % | £51,823 | £181,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £116,794 | £115,000 | 59 WESLEY AVENUE |
| 27 Oct 2023 | £209,764 | £205,000 | 14 MAYPOLE CLOSE |
| 20 Mar 2023 | £205,431 | £202,000 | 12 WESLEY AVENUE |
| 27 Jan 2023 | £182,488 | £182,000 | 33 KESTREL ROAD |
| 10 Nov 2022 | £204,046 | £205,000 | 47 WESLEY AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 May 2016. Using an estimated price of £176,215 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on MAYPOLE CLOSE is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maypole Close |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Forge Lane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forge Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Lane |