£249,206
This estimated value is based upon the latest sale price for the house of £84,500 on 5 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,500 | 5 Apr 2002 |
| £44,000 | 24 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 194.919%.Applying this 194.919% change to the original purchase price of £84,500 results in an estimated price of approximately £249,206.
| 5 Apr 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 146.7 | 194.919 % | £84,500 | £164,706 | £249,206 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | -32.142 % | £-27,160 | £57,339 |
| 3 Month Average | 144.687 % | £122,260 | £206,760 |
| 6 Month Average | 159.376 % | £134,672 | £219,172 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Apr 2010.
The average size of a house on SPREADBURY CLOSE is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Spreadbury Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Spreadbury Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spreadbury Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenward Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Galton Road |