£272,047
This estimated value is based upon the latest sale price for the house of £62,950 on 28 Jun 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £62,950 | 28 Jun 1999 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 617 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 June 1999 the House Price Index for WEST MIDLANDS was 33.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 332.165%.Applying this 332.165% change to the original purchase price of £62,950 results in an estimated price of approximately £272,047.
| 28 Jun 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 146.7 | 332.165 % | £62,950 | £209,097 | £272,047 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | 45.492 % | £28,637 | £91,587 |
| 3 Month Average | 195.788 % | £123,248 | £186,198 |
| 6 Month Average | 211.337 % | £133,036 | £195,986 |
This house has a floor area of 57 sq meters or 617 sq feet when measured on 21 Mar 2010.
The average size of a house on SMALLWOOD CLOSE is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smallwood Close |
| Feb 2024 | Anti-social behaviour | On or near Cresswell Grove | |
| Feb 2024 | Anti-social behaviour | On or near Cresswell Grove | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cresswell Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cresswell Grove |