£469,040
This estimated value is based upon the latest sale price for the house of £470,000 on 27 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £470,000 | 27 Jun 2023 |
| £230,000 | 29 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £470,000 results in an estimated price of approximately £469,040.
| 27 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £470,000 | £-959 | £469,040 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -45.346 % | £-213,124 | £256,875 |
| 3 Month Average | -43.798 % | £-205,851 | £264,148 |
| 6 Month Average | -21.094 % | £-99,142 | £370,857 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 May 2012.
The average size of a house on FRAMEFIELD DRIVE is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sambourn Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lugtrout Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lugtrout Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kendrick Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnfield Drive |