£344,488
This estimated value is based upon the latest sale price for the house of £123,000 on 24 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 24 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £123,000 results in an estimated price of approximately £344,488.
| 24 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £123,000 | £221,488 | £344,488 |
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 | 114.584 % | £140,938 | £263,938 |
| 3 Month Average | 167.946 % | £206,573 | £329,573 |
| 6 Month Average | 187.074 % | £230,100 | £353,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £310,432 | £305,000 | 6 MISSION CLOSE |
| 27 Sep 2023 | £354,533 | £350,000 | 28 MISSION CLOSE |
| 4 Aug 2023 | £317,780 | £315,000 | 36 MISSION CLOSE |
| 20 Jul 2023 | £273,683 | £270,000 | 53 HIGGS FIELD CRESCENT |
| 24 Feb 2023 | £259,825 | £260,000 | 102 WATERFALL LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Jun 2015. Using an estimated price of £344,489 means this house is valued at £4,593 per sq meter (£426 per sq foot).
The average size of a house on MISSION CLOSE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Manson Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Manson Drive |
| Feb 2024 | Other crime | Under investigation | On or near Waterfall Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterfall Lane |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Luanne Close |