£245,352
This estimated value is based upon the latest sale price for the house of £200,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 18 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 973 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £200,000 results in an estimated price of approximately £245,352.
| 18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £200,000 | £45,352 | £245,352 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -12.842 % | £-25,683 | £174,316 |
| 3 Month Average | 13.946 % | £27,892 | £227,892 |
| 6 Month Average | 15.659 % | £31,317 | £231,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £354,533 | £350,000 | 147 REDHOUSE LANE |
| 18 Apr 2023 | £366,446 | £362,500 | 15 GORSEY WAY |
| 31 Mar 2023 | £449,232 | £445,000 | 9 GORSEY WAY |
| 10 Mar 2023 | £232,188 | £230,000 | 10 WEST PARK CLOSE |
| 15 Aug 2022 | £319,141 | £320,000 | 21 BERRYFIELDS |
This house has a floor area of 90 sq meters or 973 sq feet when measured on 10 Dec 2009. Using an estimated price of £245,353 means this house is valued at £2,711 per sq meter (£251 per sq foot).
There is one other house on the street which we know the size of, this is 5 LEA VIEW it is 118.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lea View |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berry Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berry Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gorsey Way |