£462,191
This estimated value is based upon the latest sale price for the house of £105,000 on 23 Apr 1999. 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 | 23 Apr 1999 |
| £92,000 | 25 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 1999 the House Price Index for WEST MIDLANDS was 33.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 340.182%.Applying this 340.182% change to the original purchase price of £105,000 results in an estimated price of approximately £462,191.
| 23 Apr 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 146.7 | 340.182 % | £105,000 | £357,191 | £462,191 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 284.091 % | £298,295 | £403,295 |
| 3 Month Average | 248.804 % | £261,244 | £366,244 |
| 6 Month Average | 274.291 % | £288,005 | £393,005 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 27 Jul 2013.
The average size of a house on CUTSHILL CLOSE is 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutshill Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Castle Crescent |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burrow Hill Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beechcroft Road |
| Mar 2024 | Other crime | Under investigation | On or near Beechcroft Road |