£284,234
This estimated value is based upon the latest sale price for the house of £285,000 on 19 Aug 2022. 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 Silverlands Close
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Price Paid | Date |
---|---|
£285,000 | 19 Aug 2022 |
£180,000 | 3 Oct 2019 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £285,000 results in an estimated price of approximately £284,234.
19 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £285,000 | £-765 | £284,234 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -41.258 % | £-117,586 | £167,413 |
3 Month Average | -18.643 % | £-53,132 | £231,867 |
6 Month Average | -3.243 % | £-9,243 | £275,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Aug 2022 | £284,235 | £285,000 | 26 SILVERLANDS CLOSE |
4 Mar 2022 | £279,791 | £270,000 | 190 BROOKLANDS ROAD |
16 Jul 2021 | £187,905 | £163,500 | FLAT 9 COMPASS COURT, 99 WELBY ROAD |
5 Jul 2021 | £143,658 | £125,000 | APARTMENT 1 49 WELBY ROAD |
25 Jun 2021 | £216,731 | £202,000 | 95 WELBY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Oct 2021. Using an estimated price of £284,235 means this house is valued at £3,644 per sq meter (£338 per sq foot).
The average size of a house on SILVERLANDS CLOSE is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Silverlands Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverlands Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverlands Close |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Silverlands Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Welby Road |