£489,601
This estimated value is based upon the latest sale price for the house of £263,000 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £263,000 | 11 Mar 2005 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,717 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 March 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £263,000 results in an estimated price of approximately £489,601.
| 11 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £263,000 | £226,601 | £489,601 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 107.533 % | £282,812 | £545,812 |
| 3 Month Average | 63.490 % | £166,979 | £429,979 |
| 6 Month Average | 62.038 % | £163,158 | £426,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £126,619 | £125,000 | 43 BRIDGESIDE CLOSE |
| 18 Aug 2023 | £122,068 | £121,000 | 30 BRIDGESIDE CLOSE |
| 4 Aug 2023 | £129,130 | £128,000 | 55 BRIDGESIDE CLOSE |
| 17 Mar 2023 | £123,160 | £122,000 | 32 BRIDGESIDE CLOSE |
| 24 Feb 2023 | £170,885 | £171,000 | 109 LINDON ROAD |
This house has a floor area of 159 sq meters or 1,717 sq feet when measured on 18 Nov 2008. Using an estimated price of £489,602 means this house is valued at £3,067 per sq meter (£284 per sq foot).
The average size of a house on BRIDGESIDE CLOSE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindon Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindon Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lindon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lindon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lindon Road |