£418,030
This estimated value is based upon the latest sale price for the house of £420,000 on 20 Jan 2023. 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 Tower View
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Price Paid | Date |
---|---|
£420,000 | 20 Jan 2023 |
£324,995 | 22 Dec 2016 |
Detached |
Leasehold |
Floor Area: 88 sq meters or 947 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £420,000 results in an estimated price of approximately £418,030.
20 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £420,000 | £-1,969 | £418,030 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 1.123 % | £4,716 | £424,716 |
3 Month Average | -22.329 % | £-93,781 | £326,218 |
6 Month Average | 0.372 % | £1,563 | £421,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £389,000 | £389,000 | 13 TOWER VIEW |
20 Nov 2023 | £304,508 | £300,000 | 26 WARD PLACE |
18 Aug 2023 | £353,089 | £350,000 | 38 TOWER VIEW |
11 Aug 2023 | £307,692 | £305,000 | 11 MEADOWS DRIVE |
26 Jun 2023 | £298,617 | £295,000 | 36 RADDLEBARN ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Dec 2016. Using an estimated price of £418,031 means this house is valued at £4,750 per sq meter (£441 per sq foot).
The average size of a house on MEADOWS DRIVE is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower View |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tower View |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Macniece Close |
Mar 2024 | Burglary | Under investigation | On or near Raddlebarn Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raddlebarn Road |