£192,600
This estimated value is based upon the latest sale price for the house of £149,000 on 27 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,000 | 27 Apr 2017 |
| £124,000 | 25 Oct 2011 |
| £124,000 | 25 Oct 2011 |
| Leasehold |
| Floor Area: 92 sq meters or 999 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 April 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £149,000 results in an estimated price of approximately £192,600.
| 27 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £149,000 | £43,600 | £192,600 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 18.306 % | £27,276 | £176,276 |
| 3 Month Average | 11.064 % | £16,485 | £165,485 |
| 6 Month Average | 27.253 % | £40,607 | £189,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £299,025 | £295,000 | 22 INGLEDEW CLOSE |
| 18 Jul 2023 | £195,126 | £192,500 | 8 OVERDALE DRIVE |
| 30 Jun 2022 | £154,686 | £152,500 | 7 OVERDALE DRIVE |
| 20 Jun 2022 | £88,247 | £87,000 | 49 GRENVILLE CLOSE |
| 29 Nov 2021 | £148,167 | £137,000 | 19 CHETWYND CLOSE |
This house has a floor area of 92 sq meters or 999 sq feet when measured on 8 Jun 2011. Using an estimated price of £192,601 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on OVERDALE DRIVE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chetwynd Close |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Chetwynd Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chetwynd Close |
| Feb 2024 | Anti-social behaviour | On or near Langmead Close | |
| Feb 2024 | Anti-social behaviour | On or near Langmead Close |