£105,025
This estimated value is based upon the latest sale price for the house of £62,500 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Downland Close
More crime details
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| Price Paid | Date |
|---|---|
| £62,500 | 20 Jul 2012 |
| £27,000 | 16 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.041%.Applying this 68.041% change to the original purchase price of £62,500 results in an estimated price of approximately £105,025.
| 20 Jul 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.041 % | £62,500 | £42,525 | £105,025 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 4.789 % | £2,993 | £65,493 |
| 3 Month Average | 89.725 % | £56,078 | £118,578 |
| 6 Month Average | 75.242 % | £47,026 | £109,526 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 Sep 2019.
There is one other house on the street which we know the size of, this is 24 DOWNLAND CLOSE it is 48.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downland Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Downland Close |
| Mar 2024 | Burglary | Under investigation | On or near Downland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downland Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Downland Close |