£198,277
This estimated value is based upon the latest sale price for the house of £184,000 on 29 Sep 2021. 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 Farm Close
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| Price Paid | Date |
|---|---|
| £184,000 | 29 Sep 2021 |
| £113,000 | 25 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £184,000 results in an estimated price of approximately £198,277.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £184,000 | £14,277 | £198,277 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -12.002 % | £-22,084 | £161,915 |
| 3 Month Average | 1.702 % | £3,132 | £187,132 |
| 6 Month Average | 1.519 % | £2,794 | £186,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £215,775 | £212,000 | 28 ALBERT CRESCENT |
| 13 May 2022 | £178,361 | £175,000 | 5 FARM CLOSE |
| 30 Mar 2022 | £186,527 | £180,000 | 23 FARM CLOSE |
| 29 Mar 2022 | £295,335 | £285,000 | 22 WATERY LANE |
| 28 Jan 2022 | £286,255 | £272,000 | 8 WATERY LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 May 2014. Using an estimated price of £198,277 means this house is valued at £2,608 per sq meter (£242 per sq foot).
The average size of a house on FARM CLOSE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Farm Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Farm Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Albert Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Albert Crescent |