£101,847
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 1 Feb 2008 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 587 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £65,000 results in an estimated price of approximately £101,847.
| 1 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £65,000 | £36,847 | £101,847 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 89.869 % | £58,414 | £123,414 |
| 3 Month Average | 33.619 % | £21,852 | £86,852 |
| 6 Month Average | 39.504 % | £25,677 | £90,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £174,585 | £172,000 | 50 FESTIVAL WAY |
| 7 Jul 2023 | £81,091 | £80,000 | 13 CARTER ROAD |
| 26 Aug 2022 | £179,517 | £180,000 | 9 PADDOCK VIEW |
| 23 May 2022 | £168,169 | £165,000 | 2 UTTOXETER CLOSE |
| 16 Mar 2022 | £113,989 | £110,000 | 33 CARTER ROAD |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 20 Dec 2011. Using an estimated price of £101,848 means this house is valued at £1,865 per sq meter (£173 per sq foot).
The average size of a house on UTTOXETER CLOSE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Festival Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cheltenham Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheltenham Close |
| Dec 2023 | Anti-social behaviour | On or near Cheltenham Close |