£325,427
This estimated value is based upon the latest sale price for the house of £58,500 on 30 Jun 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £58,500 | 30 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.286%.Applying this 456.286% change to the original purchase price of £58,500 results in an estimated price of approximately £325,427.
| 30 Jun 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.286 % | £58,500 | £266,927 | £325,427 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 94.491 % | £55,277 | £113,777 |
| 3 Month Average | 263.849 % | £154,351 | £212,851 |
| 6 Month Average | 292.149 % | £170,907 | £229,407 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Jul 2020.
There is one other house on the street which we know the size of, this is 5 OASTHOUSE CLOSE it is 113.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrier Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheatridge Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wainwright Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kidderminster Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kidderminster Road |