£110,376
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 12 Dec 2023 |
| £95,500 | 30 Oct 2020 |
| £76,000 | 5 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2023 the House Price Index for WEST MIDLANDS was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £110,000 results in an estimated price of approximately £110,376.
| 12 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £110,000 | £376 | £110,376 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -25.585 % | £-28,143 | £81,856 |
| 3 Month Average | -16.025 % | £-17,627 | £92,372 |
| 6 Month Average | -10.829 % | £-11,912 | £98,087 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Mar 2020.
There is one other house on the street which we know the size of, this is 25 HAMBURY DRIVE it is 51.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hazelwell Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwell Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hazelwell Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Drive |