£293,845
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 3 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,066 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 August 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £170,000 results in an estimated price of approximately £293,845.
| 3 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £170,000 | £123,845 | £293,845 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 63.172 % | £107,392 | £277,392 |
| 3 Month Average | 43.053 % | £73,190 | £243,190 |
| 6 Month Average | 49.711 % | £84,508 | £254,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £532,889 | £525,000 | 2 BERKSWELL CLOSE |
| 29 Sep 2023 | £448,231 | £442,500 | 16 DURSLEY CLOSE |
| 29 Sep 2023 | £281,601 | £278,000 | 59 HIGHWOOD AVENUE |
| 11 Sep 2023 | £546,994 | £540,000 | 20 BERKSWELL CLOSE |
| 24 Jul 2023 | £405,457 | £400,000 | 47 HIGHWOOD AVENUE |
This house has a floor area of 99 sq meters or 1,066 sq feet when measured on 6 Apr 2011. Using an estimated price of £293,846 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on HIGHWOOD AVENUE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dursley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dursley Close |
| Feb 2024 | Public order | Under investigation | On or near Dursley Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dursley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rodney Close |