£276,066
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Colville Close
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Sep 2019 |
| £139,000 | 11 Jul 2003 |
| £68,000 | 21 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £225,000 results in an estimated price of approximately £276,066.
| 12 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £225,000 | £51,066 | £276,066 |
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 | -23.446 % | £-52,752 | £172,247 |
| 3 Month Average | -20.523 % | £-46,177 | £178,822 |
| 6 Month Average | 14.078 % | £31,675 | £256,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £211,358 | £211,500 | 111 TOLL END ROAD |
| 12 Sep 2022 | £355,132 | £358,000 | 34 ADDENBROOK WAY |
| 2 Feb 2022 | £1,966,302 | £1,875,000 | 132 LEABROOK ROAD |
| 19 Nov 2021 | £2,918,733 | £2,698,748 | VERONICA HOUSE NURSING HOME, 1 LEABROOK ROAD |
| 7 Dec 2020 | £327,098 | £285,000 | 5 STEADMAN CROFT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 Mar 2019. Using an estimated price of £276,067 means this house is valued at £3,210 per sq meter (£298 per sq foot).
The average size of a house on COLVILLE CLOSE is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Colville Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burkitt Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Narraway Grove |
| Feb 2024 | Robbery | Under investigation | On or near Narraway Grove |
| Feb 2024 | Vehicle crime | Under investigation | On or near Narraway Grove |