£239,219
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 16 Dec 2019 |
| £180,000 | 13 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £195,000 results in an estimated price of approximately £239,219.
| 16 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £195,000 | £44,219 | £239,219 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 7.566 % | £14,754 | £209,754 |
| 3 Month Average | 5.897 % | £11,498 | £206,498 |
| 6 Month Average | 23.025 % | £44,899 | £239,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £172,555 | £170,000 | 14 COLLIERY DRIVE |
| 14 Apr 2023 | £176,905 | £175,000 | 6 COLLIERY DRIVE |
| 31 Mar 2023 | £162,531 | £161,000 | 95 EVESHAM CRESCENT |
| 13 Jan 2023 | £159,250 | £160,000 | 9 CLEEVE ROAD |
| 17 Jun 2022 | £129,835 | £128,000 | 12 CLEEVE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Aug 2015. Using an estimated price of £239,219 means this house is valued at £3,624 per sq meter (£336 per sq foot).
The average size of a house on MINEWOOD CLOSE is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Minewood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Minewood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Colliery Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |