£147,955
This estimated value is based upon the latest sale price for the house of £86,950 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,950 | 2 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 611 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £86,950 results in an estimated price of approximately £147,955.
| 2 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £86,950 | £61,005 | £147,955 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 49.588 % | £43,116 | £130,066 |
| 3 Month Average | 43.438 % | £37,769 | £124,719 |
| 6 Month Average | 57.963 % | £50,398 | £137,348 |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 10 Mar 2010.
The average size of a house on MINEWOOD CLOSE is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Minewood Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Minewood Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |