£259,370
This estimated value is based upon the latest sale price for the house of £89,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,000 | 24 May 2002 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £89,000 results in an estimated price of approximately £259,370.
| 24 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £89,000 | £170,370 | £259,370 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 165.455 % | £147,255 | £236,255 |
| 3 Month Average | 118.736 % | £105,674 | £194,674 |
| 6 Month Average | 155.642 % | £138,521 | £227,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £301,052 | £297,000 | 6 DIANE CLOSE |
| 24 Mar 2023 | £363,424 | £360,000 | 4A ALISON CLOSE |
| 16 Feb 2022 | £238,054 | £227,000 | 33 ELIZABETH WALK |
| 3 Dec 2021 | £214,275 | £200,000 | 15 CADGWITH GARDENS |
| 29 Oct 2021 | £277,726 | £251,000 | 32 MYRTLE TERRACE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Jan 2013. Using an estimated price of £259,371 means this house is valued at £3,653 per sq meter (£339 per sq foot).
The average size of a house on MYRTLE TERRACE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Diane Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Diane Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Diane Close |
| Mar 2024 | Burglary | Under investigation | On or near Oak Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Walk |