£401,857
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Jun 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 Birch Close
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| Price Paid | Date |
|---|---|
| £240,000 | 29 Jun 2012 |
| £185,000 | 5 Apr 2002 |
| £140,000 | 16 Feb 2000 |
| Detached |
| Leasehold |
| Floor Area: 75 sq meters or 813 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 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £240,000 results in an estimated price of approximately £401,857.
| 29 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.441 % | £240,000 | £161,857 | £401,857 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 134.850 % | £323,640 | £563,640 |
| 3 Month Average | 102.670 % | £246,409 | £486,409 |
| 6 Month Average | 77.825 % | £186,779 | £426,779 |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 19 Jan 2011.
The average size of a house on BIRCH CLOSE is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Birch Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Birch Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Teazel Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Berberry Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berberry Close |