£316,056
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £295,000 | 14 Dec 2021 |
| £227,950 | 28 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £295,000 results in an estimated price of approximately £316,056.
| 14 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £295,000 | £21,056 | £316,056 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -0.424 % | £-1,249 | £293,750 |
| 3 Month Average | -4.314 % | £-12,726 | £282,273 |
| 6 Month Average | -6.109 % | £-18,021 | £276,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £207,231 | £205,000 | 7 CULVERT WAY |
| 8 Mar 2023 | £62,590 | £62,000 | 21 ADAMS CLOSE |
| 17 Dec 2021 | £327,841 | £306,000 | 7 CHANCE DRIVE |
| 14 Dec 2021 | £316,056 | £295,000 | 30 NAREL SHARPE CLOSE |
| 5 Nov 2020 | £77,677 | £67,000 | 39 ADAMS CLOSE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 9 Oct 2013. Using an estimated price of £316,056 means this house is valued at £2,323 per sq meter (£215 per sq foot).
The average size of a house on NAREL SHARPE CLOSE is 132 sq meters (1,421 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Narel Sharpe Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Narel Sharpe Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Narel Sharpe Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Narel Sharpe Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Narel Sharpe Close |