£256,316
This estimated value is based upon the latest sale price for the house of £169,950 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,950 | 17 Oct 2014 |
| £145,000 | 6 Mar 2006 |
| £58,500 | 26 Jan 1995 |
| Semi-Detached |
| Freehold |
| 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £169,950 results in an estimated price of approximately £256,316.
| 17 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £169,950 | £86,366 | £256,316 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 76.414 % | £129,866 | £299,816 |
| 3 Month Average | 44.797 % | £76,132 | £246,082 |
| 6 Month Average | 34.772 % | £59,095 | £229,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £330,000 | £330,000 | 1 MAYFAIR DRIVE |
| 18 Dec 2023 | £206,340 | £200,000 | 8 MAYGROVE ROAD |
| 21 Aug 2023 | £336,061 | £330,000 | 4 FRAYNE AVENUE |
| 24 Mar 2023 | £259,331 | £255,000 | 100 BUCKINGHAM GROVE |
| 21 Mar 2023 | £260,348 | £256,000 | 55 BUCKINGHAM GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Apr 2014. Using an estimated price of £256,317 means this house is valued at £3,511 per sq meter (£326 per sq foot).
The average size of a house on MAYFAIR DRIVE is 87 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Unable to prosecute suspect | On or near Mayfair Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfair Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frayne Avenue |
| May 2024 | Shoplifting | Unable to prosecute suspect | On or near Frayne Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Maidendale Road |